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$SJM FY15 10-K: During 2015, SJM’s Top 10 customers, collectively, accounted for approx. 60% of consolidated net sales. Amounts expensed for research and development were $32.5MM, $24.3MM, and $24.7MM in 2015, 2014, and 2013, respectively. As of April 30, 2015, SJM had approx. $6.2Bil of short-term borrowings and long-term debt.
$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.