During 1Q16, $UAL repurchased $1.5Bil worth of its common stock, representing approx.. 8% of shares outstanding. $UAL said it earned 20.8% return on invested capital for 12 months ended March 31, 2016.
$CHRW's personnel expenses for 1Q17 grew 4.7% from last year. This was due to an increase in average headcount of 7.8%, partially offset by decreased expenses related to incentive plans that are designed to keep expenses variable with changes in net revenues and profitability.
At the separation of Alcoa Inc., $ARNC chose to retain a 19.9% stake
in Alcoa Corporation. In February 2017, $ARNC monetized approximately 64% of
the 36,311,767 shares it retained in Alcoa Corporation at a price of $38.03 per
share. The monetization resulted in $888MM in proceeds.
$CHRW reported a rise in 1Q17 earnings driven by lower provisions for income taxes. Net income rose to $122.1MM or $0.86 per share from $119MM or $0.83 per share last year. Revenue grew to $3.42Bil from $3.07Bil, on volume growth across all of its transportation services.
In 1Q17, $ARNC’s Engineered Products and Solutions segment reported
revenue of $1.5Bil, up 2% YoY. The Global Rolled Products segment reported
revenue of $1.2Bil, an increase of 5% YoY. In Transportation and Construction
Solutions, revenue was $449MM, an increase of 5% YoY.
For 2Q17, $ILMN expects revenue growth of approx. 7% versus a year ago. GAAP earnings per diluted share attributable to company stockholders is expected to be $0.56-0.61 and non-GAAP earnings per diluted share attributable to company stockholders is expected in the range of $0.65-0.70 for 2Q17.