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$LRCX said that 4Q16 operating income was strong at $359MM, up 48% vs. $242MM in 3Q16. Operating margin rose from 18.4% to 23.2%, above the high end of the guided range as a result of higher revenue and strong GM. The company's tax rate came in at 10%, which was lower than the 14% rate in 3Q16 mainly due to more income from lower tax jurisdictions.
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.