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Commercial property and casualty insurance company $L reported a 2Q16 loss of $65MM or $0.19 per share, compared to a profit of $170MM or $0.46 per share last year, due to $680MM asset impairment charge at Diamond Offshore related to carrying value of 8 drilling rigs. Revenues fell to $3.31Bil from $3.44Bil.
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.