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Energy company $TE reported a rise in its 1Q16 earnings, helped by $5.8MM tax benefit. $TE said its net income during the quarter increased to $73.8MM, or $0.31 per share compared to $58MM, or $0.25 per share during 1Q15. Revenue dropped 5% to $656.3MM. Excluding items, $TE earned $0.31 per share during 1Q15.
$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.