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Oil and gas company $CXO completed its previously announced acquisition of approx. 40,000 net acres in the Midland Basin from Reliance Energy for approx. $1.625Bil. The company is currently running one rig on the acquired assets and plans to add a second rig in early 2017.
$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.