Want to join the conversation?
Electric power supplier $AES posted a loss during 2Q16 due to losses earned from the disposal and sale of its businesses. Net loss was $482MM or $0.73 loss per diluted share vs. net income of $69MM or $0.10 per diluted share in 2Q15. Revenue fell 11.7% to $3.2Bil vs. 2Q15, hurt by lower revenues in its regulated and non-regulated businesses.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?