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$HAR said 2Q16 gross margin increased 60 BP from the prior year to 30.8%. The improvement was primarily due to improved leveraged of fixed cost as a result of higher sales volume, as well as the expansion of services portfolio. Total SG&A expense as a percentage of net sales increased 30 BP to 20.3% due to higher investments in R&D.
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.