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Automotive giant $GM reported a jump in 1Q16 earnings driven by improved year-over-year results in all reporting segments, including breakeven performance in Europe. Net income rose to $2.0Bil or $1.24 per share from $0.9Bil or $0.56 per share last year. Revenue grew to $37.3Bil from $35.7Bil. Adjusted EPS surged 47% to $1.26.
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.