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Generic pharmaceutical company $MYL posted higher 2Q16 earnings due to higher revenues and higher gross profit. Net income was $168.4MM or $0.33 per diluted share vs. $167.8MM or $0.32 per diluted share in 2Q15. Revenue rose 8% to $2.56Bil vs. 2Q15, helped by higher third-party net sales results in its Generics and Specialty segments.
$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?