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Lighting company $AYI reported a rise in its 2Q16 results, helped by increase in revenue. $AYI said net income increased 41% to $65.5MM or $1.49 per share during the quarter compared to $46.4MM or $1.07 per share during the prior year. Revenue came in at $777.8MM, up 26% compared with the year-ago period. Excluding items, $AYI earned $1.80.
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.