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Railroad operator $NSC reported a decline in 2Q16 earnings due to a 10% drop in revenues, hurt by reduced volumes and lower fuel surcharge revenues. Net income slid to $405MM or $1.36 per share from $433MM or $1.41 per share last year. Total railway operating revenues fell to $2.45Bil from $2.71Bil. overall volume dropped 7% to 1.8MM units.
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.