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Wireless communications company $CAMP, along with $LOJN, said $CAMP's subsidiary Lexus Acquisition Sub, Inc. is commencing a cash tender offer to purchase all outstanding shares of $LOJN. Upon successful completion of the offer, shareholders of $LOJN will receive $6.45 in cash for each share of $LOJN common stock. The offer expires on March 14.
$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?