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$L's net income from Boardwalk Pipeline for 1Q16 rose by $6MM from last year, on higher revenues and lower depreciation and interest expense. Net income from Loews Hotels declined by $2MM, due to higher operating and depreciation expenses and a rise in effective tax rate on higher state tax provision for the increased ratio of Florida based income.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!