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Pump manufacturer $GRC said its wholly-owned subsidiary, Patterson Pump Company, has completed a letter of intent for its acquisition of the business of Hollywood, Florida-based Morrison Pump Company, a maker of and service provider for large capacity pumping systems. The terms of the asset purchase were not disclosed.
$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.