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$STZ, a beverage alcohol company, plans to purchase San Diego-based Ballast Point Brewing & Spirits for approx. $1Bil & the acquisition is expected to be neutral to diluted earnings per share for FY16 & $0.05-0.06 per share for FY017 on a comparable basis. The transaction will be financed with cash & debt and is expected to close by 2015 year end.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.