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$GRMN's income tax expense grew from $9.4MM to $19.5MM for the 13-week period ended March 26, 2016, versus the 13-week period ended March 28, 2015. The effective tax rate was 18.1% in 1Q16, compared to 12.3% in 1Q15. The increase resulted from the reduced income projection for 2016, which negatively impacts the company's income mix by jurisdiction.
$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?