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$SMTC expects to record a reduction to its GAAP net sales of about $3.8MM in 3Q17, which is expected to reduce GAAP EPS for this same period by about $0.06. $SMTC lowered its 3Q17 net sales outlook to $130-138MM from prior range of $134-142MM and its GAAP EPS guidance to range of $0.43-0.47 from prior estimate of $0.49-0.53.
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.