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$BAC said that its BoD plans to increase its quarterly common stock dividend by 50% to $0.075 per share, beginning in 3Q16. Also, the Board authorized the repurchase of $5Bil in common stock from July 1, 2016 through June 30, 2017. On a quarterly basis, this authorization represents an increase of more than 50% from the prior year's authorization.
$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?