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Effective Sept. 30, 2015, $LVLT deconsolidated its Venezuelan subsidiary as the macro-environment in Venezuela continued to worsen. Going forward, $LVLT's reported financial results will not include revenue, adjusted EBITDA, and cash flow from Venezuela. As a results of this deconsolidation, $LVLT recorded a one-time charge of $171MM in 3Q15.
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.