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Automotive aftermarket parts company $AAP reported a decrease in 2Q16 earnings hurt by lower sales. Net income was $124.6MM or $1.68 per share in 2Q16 compared to $149.9MM or $2.03 per share in 2Q15. Adjusted diluted EPS was $1.90 in 2Q16. Total sales decreased 4.8% to $2.26Bil from last year.
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.