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Homebuilding company $KBH reported an increase in 2Q16 results helped by higher revenues. Net income rose 63% to $15.6MM and diluted EPS grew to $0.17 in 2Q16, with both metrics unfavorably impacted by inventory-related charges. This compares to net income of $9.57MM or $0.10 per share in 2Q15. Total revenues rose 30% to $811.1MM from last 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.