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Energy infrastructure solutions company $PWR reported a decrease in 2Q16 earnings due to lower revenues, project losses and production issues. Net income was $16.5MM or $0.11 per share in 2Q16 compared to $46.1MM or $0.22 per share in 2Q15. Adjusted diluted EPS from continuing operations was $0.18 in 2Q16. Revenues fell to $1.79Bil from last year.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.