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$FDX said its US GDP growth forecast is 1.6% for 2016, 20 BPs lower than forecast in 4Q16 and 2.3% for 2017, led by gains in consumer spending. Global GDP growth forecast is 2.2% for 2016, 10 BPs below 4Q16, and 2.6% for 2017. The company expects industrial production to decline 0.7% in 2016, 10 BPs lower than 4Q16, and increase 2.2% next year.
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.