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$MSM said that 2Q16 GM was 45.1%, at the high end of guidance & down about 30 BP from 2Q15. $MSM believes supplier cost reductions to have an increasing impact on GM moving through 2H16 & into FY17. 2Q16 OpEx was roughly $6.8MM lower vs. 2Q15, hurt by headcount-related savings, various cost reductions initiatives & lower volume-related expenses.
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.