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Jefferies analyst Dan Binder questions whether Consumer Electronics category will return to positive comps by holiday given the changes being made. $TGT says that it will be largely driven by new innovation that it will bring to guests in 4Q16. The success of this category is going to be driven by new news, that connects to guests & drives traffic.
$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?