Want to join the conversation?
$GIS, known for brands like Cheerios cereal and Yoplait yogurt, posted a 53% YoverY profit growth in 2Q16, but net sales fell 6%. Net earnings attributable to $GIS rose $530MM, or $0.87, from $346.1MM, or $0.56, a year earlier. Net sales fell to $4.42Bil from $4.71Bil, hurt by a strong dollar that reduced net sales growth by 4 percentage points.
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.