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$PCG 2Q15 Q&A: Arnold from Deutsche Bank asked about miscellaneous items in the quarter. Kent replied that in Q2 we did have a couple of settlements with contractors, our litigation settlements. So that added to the quarter compared to what we would normally see. Overall it’s always hard for us to forecast miscellaneous by their very nature.
$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.