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$TKR said it has acquired Lovejoy, a manufacturer of premium industrial couplings and universal joints, for about $66MM. For the 12 months ending March 31, 2016, Lovejoy sales were about $56MM. $TKR expects the acquisition to add to its earnings in the first year of ownership, excluding one-time transaction costs.
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.