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$NOV said revenues in its largest segment Rig Systems fell 63% to $926MM in 1Q16 from 1Q15. The Rig Aftermarket segment had revenues of $391MM, down 46% from last year. In Wellbore Technologies, revenues dropped 46% to $631MM, and in Completion & Production Solutions, revenues fell 41% to $558MM.
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.