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$ADI said it agreed to buy $LLTC. $ADI plans to fund the transaction with about 58MM new shares of $ADI common stock, about $7.3Bil of new long-term debt, and the remainder from the combined company's balance sheet cash. This transaction has been unanimously approved by the BoD of both companies.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$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?