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Steel and metal products maker $CMC reported a rise in 2Q16 earnings driven by narrower loss from discontinued operations, despite a decrease in sales. Net income rose to $10.5MM or $0.09 per share from $6.2MM or $0.05 per share last year. Net sales fell to $1.02Bil from $1.39Bil. Adjusted EPS for 2Q16 was $0.15.
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.