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Diversified healthcare company $JNJ reported a 11.5% drop in 2Q16 earnings due to higher research and development expense as well as intangible amortization expense and special items charge. Net income fell to $4Bil or $1.43 per share from $4.52Bil or $1.61 per share last year. Adjusted EPS increased to $1.74 from $1.71.
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.