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$DAR recorded income tax expense of $8MM in 2Q16, which generates an effective tax rate of 19%. The company continues to expect its effective tax rate to be approx. 23% and cash taxes of around $30MM for 2016. Depreciation and amortization remains in the $69-70MM range on a quarterly basis for the remainder of 2016.
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.