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Credit card processor $TSS reported that 2Q16 total revenue grew 66.3% and net revenue grew 27.8% versus 2Q15. Adjusted EBITDA rose 32.7% in the quarter. Adjusted operating margin was 28.6%, up 200 BPs versus previous year quarter, with increase in operating margin in three of its four segments.
$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?