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Aerospace and defense company $LMT reported a drop in 1Q16 earnings due to special charges for workforce reductions at Aeronautics and Information Systems & Global Solutions business segments. Net income fell to $794MM or $2.58 per share from $878MM or $2.74 per share last year. Net sales grew to $11.7Bil from $10.11Bil.
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.