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$CSCO said total cash, cash equivalents and investments at the end of 3Q16 were $63.5Bil with $6.3Bil available in the US. The company returned $2Bil to shareholders during the quarter that included $649MM of share repurchases and $1.3Bil for its quarterly dividends, which was increased by 24% in 3Q16.
$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?