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Tien-tsin Huang of JPMorgan asks about the lower revenue outlook and if the business is getting harder to predict for secular reasons or macro getting tough. $CTSH said it's a bit of both. The macroeconomic environment has got tougher to predict. The Brexit vote was a surprise to the company and that sort of things is tough to predict.
$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?