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Utility services holding company $EXC reported a drop in 2Q16 earnings due to incremental debt and equity costs incurred in connection with PHI merger. Net income fell to $267MM or $0.29 per share from $638MM or $0.74 per share last year. Operating revenues grew to $6.91Bil from $6.51Bil. Adjusted EPS increased to $0.65 from $0.59.
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.