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Offshore oil and gas drilling contractor $RIG reported a 1Q16 earnings of $249MM or $0.68 per share compared to a loss of $483MM or $1.33 per share last year, due to lower costs and expenses and narrower loss on impairment. Operating revenues fell to $1.34Bil from $2.04Bil. Adjusted earnings were $254MM or $0.69 per share for 1Q16.
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.