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$TUP, a direct seller of plastic storage containers and cosmetics, reported a 16% drop in 2Q16 earnings due to lower sales from Europe and Beauty North America. Net income fell to $52.4MM or $1.03 per share from $62MM or $1.23 per share. Net sales slid 4% to $564.7MM, due to a 7 point hit from exchange rates. Adjusted EPS rose to $1.16 from $1.07.
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.