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$AFL reported a decline in 2Q16 earnings due to higher benefits and claims, net realized investment losses, hedging costs, and loss from other non-recurring items. Net income fell to $548MM from $573MM last year, while EPS remained flat at $1.32. Revenue rose 2.8% to $5.4Bil, on stronger yen/dollar exchange rate. Operating EPS grew 14% to $1.71.
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein
Great results from $TSLA, however the question remains if Tesla can continue to scale up to produce the cars in the quantity it promises. Model 3 numbers need to be in multiples of what they are producing right now. Wish them the best, will keep an eye as I am still not convinced that they can scale easily.
Watching $TSLA Oct 28th $215 Calls for possible entry