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$STT's total fee revenue for 2Q16 declined to $2.05Bil from $2.08Bil in the previous year quarter, and adjusted fee revenue decreased 2% to $2.13Bil. The rate of decline in operating-basis expenses exceeded the rate of decline in operating-basis fee revenues, representing positive fee operating leverage of about 80 basis points.
$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?