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$ABC reported an operating loss for 1Q16 of $179.83MM. Operating loss for the quarter was driven by significant warrant expense due to the rise in stock price in the quarter. Pharmaceutical Distribution operating income fell 2.8% due to increase in OpEx and Other operating income rose 111.6%, mainly due to the Feb. 2015 acquisition of MWI.
$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?