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The U.S. Census Bureau announced that new orders for manufactured durable goods in Nov. grew by $0.1Bil or virtually unchanged to $238.8Bil. This increase, up two successive months, followed a 2.9% Oct. increase. Excluding transportation, new orders fell 0.1%. Excluding defense, new orders decreased 1.5%.
$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?