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$TRN, focused on the industrial, energy, transportation & construction sectors, reported lower 1Q16 results, citing a deterioration in demand for a number of its products. The company reported earnings of $97.2MM, or $0.64 per share, for 1Q16, compared with earnings of $180.2MM, or $1.13 per share a year ago. Revenue fell 27% to $1.19Bil.
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.