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$CVG said it agreed to buy Germany-based buw for EUR 123MM in cash. $CVG also announced the transaction is expected to add to its earnings, excluding one-time charges, intangible amortization and integration costs. $CVG and buw expect to close the transaction during 3Q16.
$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.