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Columbus, Ohio-based company $BIG said comparable store sales increased 0.3% in 2Q16. The ownable and winnable merchandise categories produced the best sales results. Furniture was the top performer and was up high single digits. Soft home was up mid single digits with strength in fashion bedding, decorative textiles and area rugs.
$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?