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$FLR's 2Q16 tax rate was about 34%. For 2H of 2016, company expects tax rate to be 33-35%. Corporate G&A expense was $53MM versus $48MM in 2Q15, largely due to Stork integration costs. In 2Q16, $FLR incurred $16MM in restructuring costs at corporate G&A level, including Stork, and another $7MM of restructuring expense at segment level.
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.