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$MSI said that its 2Q16 Product sales fell 8% to $801MM vs. 2Q15. The majority of the decline was due to weakness in Latin America, parts of Europe and China. Product operating income was $176MM or 22% of sales, up 170 BP vs. last year, driven by steady margins and a lower cost structure. Backlog at quarter-end for this segment was $1.3Bil.
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.