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$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.
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.