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Power management company $ETN reported a drop in 1Q16 earnings due to 6% decline in organic sales and additional 2% from negative currency translation. Net income fell to $404MM or $0.88 per share from $466MM or $0.99 per share last year. Net sales dropped to $4.81Bil from $5.22Bil. Operating EPS decreased to $0.88 from $1.01.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.