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$SLCA said it commenced an underwritten public offering of 8MM shares of its common stock. The underwriters will be granted a 30-day option to purchase up to an additional 1.2MM shares. The company intends to use the net proceeds for general corporate purposes, including the potential acquisition of complementary businesses or assets.
$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?