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During 2Q16, $ADM's effective tax rate was 29% vs. 27% in 2Q15 and this quarter's taxes included about $20MM, or about $0.03 per share of discrete tax items. The company said that during 1H16, it returned $0.8Bil to shareholders through dividends and share repurchases.
$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?