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Peter Kissel of Scotia Howard Weil asks about the obligations of the company for spending above the $1.6Bil guidance in 2017. $DVN said the company is totally flexible on that and there is no obligations. All of $DVN's acerage is held by production; only a minor amount is in the Felix acquisition.
$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?