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During 2Q16, $SPLS' SG&A fell $67MM YoverY after excluding charges of $24MM mainly related to litigation, as well as $10MM of charges mainly related to the proposed acquisition of $ODP during 2Q15. Non-GAAP SG&A rates slumped 53 BP YoverY to 22.2% reflecting lower labor costs due to headcount reduction & store closures and lower marketing expense.
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.