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Meat producer $TSN reported a jump in 1Q16 earnings driven by lower cost of sales, despite a fall in sales. Net income rose to $461MM or $1.15 per share from $310MM or $0.74 per share last year. Sales fell to $9.15Bil from $10.82Bil, due to lower volumes and decline in average prices.
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.