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Cloud computing company $CTXS reported a rise in its 1Q16 results. $CTXS said its net income during the quarter increased to $83MM, or $0.54 per diluted share compared to $29MM, or $0.18 per share during the prior period. These results include $46MM restructuring charges. Revenue jumped 9% to $826MM compared to $761MM during 1Q15.
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.