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$COL's CFO Patrick Allen said that 2Q16 sales declined 2% year over year, primarily due to lower government system sales. Through 2Q16, the company generated $45MM of operating cash flow compared to $132MM last year. The decrease in cash generation resulted from lower pretax earnings and net unfavorable changes of working capital.
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.