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$RL 1Q16 Call: Consolidated inventory was $1.3Bil at the end of 1Q16, up 8% YoverY, reflecting investments to support new store openings, the launch of Polo Sport and increased shipments of Polo Women’s, as well as a change in the timing of receipt plans. CapEx was $68MM compared to $85MM in 1Q15.
$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?