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$TMO's total company adjusted gross margin came in at 47.7% in 4Q15, down 130BP from the prior year. For the full year, adjusted gross margin was 48.3%, down 50BPs from 2014. The decreases in gross margin are primarily attributed to foreign exchange and unfavorable business mix.
$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.