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Corrugated packaging company $WRK posted lower 3Q16 earnings vs. 3Q15 due to higher restructuring and other costs in the quarter. Net income was $92.3MM or $0.36 per diluted share vs. $156.4MM or 1.10 per diluted share in 3Q15. Revenue fell 2.8% to $3.6Bil vs. 3Q15, hurt by lower revenues in Corrugated Packaging and Consumer Packaging 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.