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Profit for the world's largest sporting goods maker $NKE grew 20% YoverY in 2Q16. Net income rose to $785MM, or $0.90 per diluted share, from $655MM, or $0.74 per diluted share, a year ago. Revenue for the quarter increased 4% to $7.7Bil, up 12% on a currency neutral basis. Revenue for the NIKE Brand was $7.3Bil and Converse was $398MM.
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.