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$JOY expects to achieve $85MM of total cost savings in 2016 versus 2015 with 35% of savings expected in 1H16 and 65% in 2H16. $JOY believes this higher level of cost reduction will position it to achieve its 34% decremental margin target on downside sales risk in 2016.
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.