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Nancy Bush of NAB Research asks about costs in the consumer bank and mobile penetration going up will lead to a step down in branches. $BAC CEO Brian Moynihan said that the company has consolidated the branches to being bigger. $BAC adds by saying that the company doesn't know where it goes but will be pushing ahead and following its clients.
$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.