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Auto insurance company $MCY reported a jump in 2Q16 earnings driven by higher revenues as well as net realized investment gains. Net income rose to $48.87MM or $0.88 per share from $9.64MM or $0.17 per share last year. Total revenues grew to $858.0MM from $726.17MM. Operating EPS dropped 45.3% to $0.35.
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.