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$AON said cash flow from operations for 1Q16 decreased 8% or $25MM to $273MM. This was mainly driven by unfavorable timing of certain tax related items that the company expects to normalize by 2Q16, partially offset by working capital improvements and a decline in cash paid for pensions and restructuring. Free cash flow decreased 6% to $221MM.
$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?