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Canadian pharmaceutical $VRX reported a wider 2Q16 loss due to decline in product sales from existing business and negative foreign currency exchange impact. Net loss widened to $302.3MM or $0.88 per share from $53MM or $0.15 per share last year. Revenues fell to $2.42Bil from $2.73Bil. Adjusted EPS decreased to $1.40 from $2.14.
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.