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$AA's cost of goods sold for 2015 as a percentage of sales rose to 80.2% from 80.1% last year. This was driven by net favorable foreign currency movements due to stronger USD, net productivity improvements, higher volume in midstream and downstream, favorable LIFO adjustment, lower inventory write-downs in upstream and midstream operations.
$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?