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$BWA 2Q15 Call: Reported Engine Segment sales were about $1.4Bil in the quarter. Sales growth excluding currency was 7% compared with same period a year ago. On reported basis, adjusted EBIT was $228MM for Engine segment & excluding currency, adjusted EBIT was $252MM or 15.7% of sales. Engine segments YoverY incremental margin was 10%
$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?