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$VLO, which competes with $XOM and $CVX, said that 1Q16 adjusted operating income for the Refining segment was $695MM or $946MM lower vs. 1Q15. Margins fell mainly due to weaker distillate margins given high refinery run rates across the industry, product inventory builds and unseasonably warm weather.
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.