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$LLTC, which competes with $ADI, $MXIM, and $TXN, said it expects its 3Q16 operating expenses, with modest improvement in sales, to be more in line with 1Q16 in the 31% range or better. The company also expects its annual effective tax rate to be in the 24.0-24.5% range.
$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?