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$GD 2Q15 Q&A: David of UBS asked on today’s M&A view & capital deployment, and Phebe stated there is nothing that GD is looking at present. Capital deployment strategy is consistent with what GD has been talking about. In absence of accretive and good acquisition candidates, GD will continue to return cash in form of dividends & share repurchases.
$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?