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Maker of connectivity and sensor solutions $TEL posted lower 2Q16 net income of $380MM or $1.03 per diluted share vs. $599MM or $1.45 per diluted share in 2Q15, hurt by lower income tax benefit. Adjusted EPS was $0.90 during 2Q16. Total net sales fell 4.22% to $2.95Bil vs. $3.08Bil in 2Q15, hurt by lower sales results in the three segments.
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.