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Michael Lasser of UBS asks about margins for 2H16. $AAP said there are 3 drivers. SG&A and supply chain deleverage will be the biggest driver of operating margins in 2H16. The second is investments in service and availability and the third is inventory which is expected to be up low single-digits by year-end. $AAP expects some strain on margins.
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.