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Metals manufacturing company $AA reported an increase in 3Q16 earnings helped by lower expenses. Net income was $166MM or $0.33 per share in 3Q16 compared to $44MM or $0.06 per share in 3Q15. Revenue was $5.2Bil, down 6% YoverY, largely due to the impact of curtailed and closed operations, lower alumina pricing as well as other pricing pressures.
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein
Great results from $TSLA, however the question remains if Tesla can continue to scale up to produce the cars in the quantity it promises. Model 3 numbers need to be in multiples of what they are producing right now. Wish them the best, will keep an eye as I am still not convinced that they can scale easily.
Watching $TSLA Oct 28th $215 Calls for possible entry