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At December 31, 2015, $MMM had $1.9Bil of cash, cash equivalents and marketable securities, of which approx. $1.7Bil was held by the company's foreign subsidiaries and $200MM was held by the US. The company's total balance of cash, cash equivalents and marketable securities was $1.4Bil lower at December 31, 2015 when compared to December 31, 2014.
$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?