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$PCAR posted a net loss of $594MM, or $1.69 per share, in 1Q16 from a net income of $378MM, or $1.06 per share, a year ago. This quarter results include a $942.6MM non-recurring charge for the European Commission investigation of all European truck manufacturers. Net sales and financial services revenues were $4.3Bil, down from $4.83Bil a year ago.
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.