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Property and casualty insurer $CB reported a 35.6% drop in 1Q16 earnings due to continued foreign exchange headwinds and integration-related activities as well as market conditions. Net income fell to $439MM or $0.97 per share from $681MM or $2.05 per share last year. Operating EPS rose to $2.26 from $2.25.
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.