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$URI said that rental revenue was $1.204Bil in 2Q16, down 1.3% vs. 2Q15. The components of this are driven by the owned equipment revenue items. Within owned equipment rental (OER), the volume rose 3%, net at $33MM of YoverY revenue benefit. This was offset by the 2.4% decline in rental rates worth about $26MM of YoverY rental revenue decline.
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.