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Mass media company $CBS said that 1Q16 net earnings jumped 20% to $473MM vs. $394MM in 1Q15, helped by higher operating income and lower losses from FX rate changes. Diluted EPS rose to $1.02 and adjusted EPS grew to $1.02 in 1Q16. Revenues rose 10% vs. 1Q15, helped by higher advertising and affiliate and subscription fees revenues.
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.