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$KSS said for 1Q16 it reported $64MM of expenses related to store closures and corporate restructuring announced earlier this year. The charge includes $53MM of impairment charges on the 18 stores, which the company will close later this year. The balance $11MM is mainly termination benefits for employees impacted by the closures and restructuring.
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.