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Petroleum and gas producer $DVN reported a narrower 2Q16 loss driven by lower asset impairment charges and expenses. Net loss narrowed to $1.57Bil or $3.04 per share from $2.82Bil or $6.94 per share last year. Operating revenues dropped to $2.49Bil from $3.39Bil. Core earnings for the latest quarter were $33MM or $0.06 per share.
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.