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During 3Q16, $TYC recorded a loss of $59MM as a result of the anticipated sale of a business in the Rest of World Integrated Solutions & Services segment that generates approx. $160MM in annual revenue. Restructuring and repositioning charges were $15MM before the reversal of $2MM of prior-period charges treated as special items for the quarter.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.