Want to join the conversation?
Ethanol producer $REX reported a decline in 1Q16 earnings due to lower crush spreads and reduced distiller grain pricing as well as the recognition of about $0.5MM less from interest in Patriot. Net income fell to $2.84MM or $0.43 per share from $3.93MM or $0.50 per share last year. Net sales and revenue declined to $100.22MM from $105.2MM.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.