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For 1Q16, $HRL's effective tax rate was 33.6% vs. 34.7% in 1Q15. The tax rate was lower mainly due to the unfavorable impact of the exit from international joint venture businesses impacting 1Q15. For FY16, the company expects effective tax rate to be in the range of 33.5-34.0%.
$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?