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$PRGS said it expects FY16 GAAP revenue in the range of $410-416MM and 3Q16 GAAP revenue of $103-106MM. GAAP EPS is expected in the range of $0.63-0.68 in FY16, and $0.17-0.20 in 3Q16. For FY16, the company expects effective tax rate on a GAAP basis of 45%.
$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?