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At July 31, 2016, $CASY's cash and cash equivalents were $189.5MM, up significantly from $75.8MM at the end of FY16. Long-term debt net of current maturities was $872.4MM. Shareholder equity rose to $1.1Bil, up $65.6MM from FY16-end. Debt-to-EBITDA ratio was below 2 times, which $CASY believes is one of the lowest in the convenience store industry.
$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?