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Aerospace company $UTX reported net income of $1.19Bil or $1.42 per share in 1Q16 compared to $1.42Bil or $1.51 per share in 1Q15. In 1Q16, sales of $13.4Bil were flat YoverY as 2 points of organic growth in the quarter was offset by 2 points of unfavorable foreign exchange. Adjusted EPS of $1.47 was up 2% versus the prior year.
$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?