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For the first nine months of 2015, $K's operating cash flow less CapEx was $580MM. This includes YTD investment in Project K of about $260MM. $K now expects full year cash flow of approx. $1.1Bil, up $100MM from its original estimates. $K reduced its core working capital as a percentage of sales by more than 1 point in first nine months of 2015.
$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?