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Denver, Colorado-based oil company $XEC reported 1Q16 net loss of $186.1MM, or $2.00 per share vs. net loss of $414MM, or $4.84 per share. Net loss was a result of non-cash charge related to the impairment of oil and gas properties. Revenue came in at $117.5MM, 40% drop compared to 1Q15. Excluding items, $XEC reported net loss of $0.40 per share.
$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.