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Perfume maker $IPAR reported a decline in 1Q16 earnings due to higher selling, general and administrative expenses as well as a rise in income taxes. Net income fell to $7.33MM or $0.24 per share from $10.01MM or $0.32 per share last year. Net sales grew to $111.52MM from $109.25MM. Adjusted EPS decreased to $0.28 from $0.32.
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.