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Petroleum refining and marketing company $VLO posted a 40% YoverY drop in 2Q16 earnings, hurt by lower revenues. Net income was $814MM, or $1.73 per diluted share. Operating revenue fell 22% to $19.6Bil. "Despite a challenging earnings environment, our operations generated $2.3Bil of cash during the quarter," said CEO Joe Gorder.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.