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$PDCO said for FY17 it expects consolidated operating margins to be flat to down slightly after absorbing the $25MM step-up in ERP expenses, the majority of which will be allocated back to the business segments. In Dental, the company targets operating margins of 13.0-13.5% and for Animal Health it expects operating margins to be flat with FY16.
$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.