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$SNPS expects 4Q16 revenue of $621-636MM, GAAP EPS of $0.46-0.55 and non-GAAP EPS of $0.75-0.78. The company expects 4Q16 GAAP expenses of $537-556MM, non-GAAP expenses of $483-493MM and other income and expense of $0-2MM. Non-GAAP tax rate is expected to be 19% and fully diluted outstanding shares are predicted to be $152-155MM.
$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?