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Financial services company $COF said that it had higher revenues and lower marketing and operating expenses in 1Q16. In domestic card business, revenue grew 12% from prior year quarter. $COF exited back book of payment protection products at 1Q16-end. Because of this, the company expects contribution to revenue margin from this to be zero in 2Q16.
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.