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$URBN, a lifestyle retail company, reported lower 4Q16 results, hurt by underperforming apparel sale and lower gross profit. $URBN said net income fell 9.3% to $72.88MM, or $0.61 per share from $80.3MM or $0.60 per share a year ago. Revenue was flat YoverY at $1.01Bil. For the quarter, gross profit fell 12 BP.
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.