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$LZB said its effective tax rate from continuing operations was 35.3% for FY16. Impacting the rate for the year was a tax benefit of $0.3MM for the release of valuation allowances relating to certain US state deferred tax assets. The company expects its effective income tax rate to be in the 36% for FY17.
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.