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Pharma company $AKRX said tax rate for 1Q16 was 37.1% and it expects the full year 2016 income tax rate to be approx. 37%. The company ended 1Q16 with $141MM in cash compared to $346MM at Dec. 31, 2015. $AKRX made a voluntary prepayment of $200MM against its term loan facility, leaving it approx. $832MM outstanding against its term loan facility.
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.