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For FY16. $LLL raised its earnings outlook to $7.55 to $7.75 per share from its prior guidance of $7.40 to $7.60 per share, mainly to reflect a decrease in the estimated effective tax rate due to the early adoption of a new accounting standard. The company maintained its revenue outlook of $9.95Bil to $10.15Bil.
$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.