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$AME said that during 1Q16 organic selling expenses on a percentage basis were down in line with organic sales on a percentage basis. G&A expenses were 1.3% of sales in the quarter, slightly above 1.2% of sales in 1Q15. The effective tax rate was 26.7%, down from 20.1% in 1Q15 as a result of ongoing tax planning initiatives.
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.