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Home improvement company $LOW reported a sharp decline in net income to $11MM or $0.01 per share in 4Q15 from $450MM or $0.46 per share in 4Q14, hurt by a non-cash impairment charge related to the Australian JV exit. Sales rose 5.6% to $13.2Bil from last year. Adjusted net earnings were $541MM or $0.59 per share and comparable sales grew 5.2%.
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.