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$ABBV said its adjusted gross margin for 2Q16 was 81.9% of sales. On a comparative year-over-year basis, this ratio reflects an adverse impact from ForEx of roughly 320 BPs. The adjusted gross margin also reflects 150 BPs of unfavorable impact related to the Pharmacyclics acquisition, including the profit transfer for Imbruvica.
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.