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Thompson Research analyst Kathryn Thompson asks $MLM to provide color on volumes & backlogs, especially in weather-affected areas. CEO Howard Nye says that volumes were down approx. 2MM tons & tonnage affected by weather is somewhere between 1.0-1.5MM tons. North Texas had 3.6MM tons of backlog & only about 600,000 of that was shipped during 1H16.
$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?