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During 2Q16, $EV's operating margin was 30%, substantially unchanged from 1Q16, but down from 35% in 2Q15. The YoverY decline reflects the math of an 8% decrease in revenue and 1% lower expenses. The company said that approx. 45-50% of total expenses are variable, which are driven by managed asset levels and gross sales or operating income.
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.