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Oil and natural gas producer $APA reported a wider 4Q15 loss due to $5.9Bil non-cash ceiling test write downs and impairments on current low commodity price levels. Net loss widened to $7.21Bil or $19.07 per share from $4.81Bil or $12.78 per share last year. Revenue fell to $1.26Bil from $2.68Bil. Adjusted loss per share was $0.06 for 4Q15.
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.