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Based on strong 1Q16 results, $CLX now anticipates modest increase in gross margin to about 25-50 BPs and continues to anticipate SG&A expenses slightly below 14% of sales in FY16. $CLX forecasts its FY16 tax rate on earnings from continuing operations to be between 34-35%.
Looks like $BAC is regaining its lost reputation after the 2008 financial crisis. I hope the stock will flourish under Trump.
$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..!!