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Parent of Camel and Pall Mall cigarette maker $RAI reported a 58.7% dip in 2Q16 earnings due to last year's gain on divestiture related to the Lorillard acquisition in June 2015. Net income fell to $796MM or $0.56 per share from $1.93Bil or $1.69 per share last year. Net sales jumped 33% to $3.2Bil. Adjusted EPS increased by 13.7% to $0.58.
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.