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$WOR's gross margin for 1Q17 increased by $34.3MM to $147.3MM from the previous year quarter. This was driven by favorable pricing spread in Steel Processing due primarily to inventory holding gains in the current quarter compared to inventory holding losses last year. This partially offset by lower volume in Pressure Cylinders.
$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?