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Beverage cans maker $BLL said it completed the acquisition of Rexam PLC for approx. $6.1Bil of cash and equity, plus the assumption of about $2.4Bil of net debt. The company also completed the required sale of the divestment business to Ardagh Group for cash proceeds of approx. $3.1Bil. $BLL targets leverage of around 3 times in 2018.
$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.