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Grocery store chain operator $KR posted a decrease in 2Q16 earnings, hurt by lower operating profit compared to 2Q15. Net earnings were $383MM, or $0.40 per diluted share compared to $433MM, or $0.44 per diluted share last year. Sales grew 4% to $26.6Bil in 2Q16, compared to $25.5Bil a year ago. Adjusted diluted net EPS was $0.47 in the quarter.
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.