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In 1Q16, $GD took a charge of $13MM in discontinued operations to record the final resolution in outstanding items related to a disposition that closed last year. Net interest expense was $22MM in 1Q16. $GD spent just over $1Bil on the repurchase of 7.8MM shares in 1Q16. At 1Q16-end, cash balance was $1.9Bil and net debt was $1.5Bil.
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.