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$ABC 3Q15 Q&A: Santangelo of Credit Suisse asked about the difference in free cash flow guidance given this quarter vs. 2Q15. Tim answered that cash flow has gone up. Pleased by the mix and higher generics in last quarter and this quarter. There is always a little bit lag on cash flow with the way ABC pays invoices.
$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.