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Romit Shah of Nomura asks about capex run rate, which is below in 1Q16. $INTC CFO Stacy Smith said that looking at the two items dominating capex in 2016 is 10 nm capacity. So it's gaining the first production capability in place. And the second is the ramp of the memory factory in China, both being back end loaded.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.