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On March 1, 2016, $MCO acquired 100% of GGY for a cash payment of $83.4MM funded with cash on hand. $MCO incurred $0.9MM of costs directly related to the acquisition, of which $0.6MM was incurred in 2015 and rest in 1Q16. These costs were recorded within SG&A expenses.
$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.