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Aerospace products and energy services company $KLXI reported a decline in 1Q16 earnings due to a drop in revenues from military and business jet customers. Net income fell to $6.2MM or $0.12 per share from $17.9MM or $0.34 per share last year. Revenues dropped to $368.2MM from $431.5MM. Adjusted EPS decreased to $0.42 from $0.65.
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.