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$RL's effective tax rate for 3Q16 fell to 27.5% from 28.6% last year. The rate were lower than the U.S. federal statutory tax rate of 35% principally as result of proportion of earnings generated in lower taxed foreign jurisdictions. The rate for 3Q16 was favorably impacted by tax benefits associated with provision to tax return adjustments.
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.