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Financial services company $PNC said its loan loss provision increased to $152MM in 1Q16. This increase primarily related to reserves for oil and gas and coal exposure. $PC grew loans and deposits on a spot basis in 1Q16. Non-interest expenses were down about 5% due to seasonally lower business activity and focus on expense management.
$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.