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$FRAN now expects FY16 EPS of $0.96-1.03, which includes a $0.03 per share benefit associated with the resignation of its Chairman, President and CEO. The number of average diluted shares assumed in guidance is 38.6MM shares. The effective tax rate is estimated to be 37.8%. Capital expenditures are expected to $28-31MM.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.