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$GLW said its 1Q16 GAAP earnings included charges of about $109MM pretax associated with reducing cost structure. The company anticipates additional charges of approx. $40MM for the remainder of 2016. $GLW estimates that the full year cash impact will be $40MM and the annualized savings will be $50MM.
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.