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Maker of infant formula $MJN said it made strong investments in support of the Enfinitas launch in China & expansion of distribution reach. 2Q16 sales were $942MM with reported net sales being $9MM lower than 2Q15. The company said that currency adversely impacted its results by 500 BP. Due to this, constant dollar sales were 4% below that of 2Q15.
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.