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$CIR lowered its 3Q16 sales outlook to $133-135MM from prior estimate of $140-150MM, and its adjusted EPS guidance to $0.41-0.45 from previous range of $0.45-0.55. $CIR now sees 3Q16 GAAP EPS of $0.22-0.28. CEO Scott Buckhout said preliminary results reflect prolonged weakness in Energy markets across both short and long cycle businesses.
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.