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Jefferies analyst John Janedis questions about the magnitude of expected cost savings in the Australian Print segment beyond $40MM. $NWS $NWSA says that the earlier said annual cost reduction program was around 5% and 2.5% was realized in FY16. The company expects the remainder to flow through in FY17, so there would slightly higher cost savings.
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.