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$DVN reduced gross general and administrative expenses for 1Q16 by 5% from 4Q15, primarily through cost reduction initiatives resulting from Feb. 2016 workforce reduction, full benefits of which have yet to be realized. The reductions are expected to decrease gross general and administrative costs by about $400-500MM on annualized basis.
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.