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Ryan Merkel of William Blair asks if the sale issue from the supply chain in Sept. 2016 fully behind. CEO Vernon Nagel replied that the sale issue is behind and $AYI thinks that there may be some carryover lingering effect as orders ramp back up, and it is not expecting any of the lingering issues to have a material impact on its 1Q17 results.
$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?