Want to join the conversation?
$UA 2Q15 Call: GM contracted 80 bps to 48.4% compared to 49.2% in 2Q14. SG&A expenses as a percentage of net revenues deleveraged 80 bps to 44.3% from 43.5% in 2Q14. SG&A cost increased to 32.9% of net revenues from 31.9% in 2Q14. Operating income decreased 8% to $32MM compared to $35MM in 2Q14.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.