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Pulp and paper company $IP said 4Q15 net earnings rose 39.1% to $178MM or $0.43 per diluted share versus $128MM or $0.32 per diluted share YoverY, helped by lower expenses. Net sales were $5.4Bil, down 8.4% versus $5.9Bil in 4Q14, negatively impacted by stronger US dollar.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.