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Healthcare firm $ABT posted a net loss in 3Q16, hurt by a $0.66 per share adjustment associated with its equity investment in $MYL to reflect its share price as of Sept. 30, 2016. Net loss was $329MM or $0.24 per share versus net income of $580MM or $0.39 per share last year. Worldwide sales of $5.3Bil rose 2.9% on a reported basis 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.