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$DD expects income from continuing operations in 2016 will benefit from $730MM reduction in costs as a result of the 2016 global cost savings and restructuring plan. These cost reductions will be weighted toward 2H16 reflecting implementation of specific actions during 1Q16 and 2Q16.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?