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Aerospace company $UTX reported lower 2Q16 results hurt by higher cost and expenses. $UTX said net income fell 3.37% to $1,519MM, or $1.71 per share from $1,572MM, or $1.64 per share a year ago. Revenue rose 1.25% to $14.874Bil. Excluding items, $UTX earned $1.82 per share, up 9% versus the prior year.
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.