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Provider of online accounting software $INTU posted lower 4Q16 earnings due to higher R&D and G&A expenses. Net loss was $40MM or $0.16 loss per share vs. net income of $14MM or $0.05 per diluted share in 4Q15. Revenue rose 8% to $754MM vs. 4Q15, helped by higher revenue results in Small Business and Consumer Tax and ProConnect segments.
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.