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$CAL said for 1Q16, Famous Footwear segment same-store sales were up 1%, while GM fell 46 BP to 46.3%. The segment opened 10 new stores and operated three more stores YoverY, while inventory fell 1.7% on an average store basis. Brand Portfolio segment sales fell 9.1%, while GM rose 279 BP to 35.9% for 1Q16. The segment's inventory was down 4.1%.
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.