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$WAB said that it saw traffic decline during 2Q16, due to which it is lowering its naphtha assumption for freight cars and locomotives to about 60,000 cars and about 900 locomotives. These along with decreased traffic, represent a headwind of about $200MM in revenue. According to $WAB, the transit markets remain stable both in US and abroad.
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.