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Semiconductor equipment maker $LRCX reported a jump in 4Q16 earnings driven by higher revenues as well as lower costs and expenses. Net income rose to $258.94MM or $1.46 per share from $131.27MM or $0.74 per share last year. Revenue grew to $1.55Bil from $1.48Bil. Non-GAAP EPS was $315MM or $1.80 per share for 4Q16.
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.