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Foodservice company $SYY reported an increase in net earnings to $272MM or $0.48 per share in 2Q16 compared to $158MM or $0.27 per share in 2Q15 helped by lower operating expenses. Net earnings rose 72.4% and diluted EPS rose 77.8% from last year. Sales grew 0.6% to $12.2Bil. Adjusted net earnings were $275MM and adjusted diluted EPS was $0.48.
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.