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Technology company $INTC has raised its 3Q16 outlook. The company now expects 3Q16 revenue to be $15.6Bil, plus or minus $300MM versus the prior range of $14.9Bil, plus or minus $500MM. $INTC expects the midpoint of GM to be at 62%, plus or minus a couple of points. The midpoint of adjusted GM is expected to be 63% plus or minus a couple of points.
$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?