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As of the end of 2Q16, $YHOO completed its six planned office closures in Buenos Aires, Burbank, Dubai, Madrid, Mexico and Milan. The company reduced workforce by 15%. At qtr.-end, active headcount was 8,800 employees and 700 contractors. $YHOO reduced non-GAAP cash expense by 14% YoverY and Capex by 50% YoverY.
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.