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Robert W. Baird analyst Mig Dobre questions $ATU on the change in 4Q16 margin expectations and where most of the hit comes from. CFO Andy Lampereur says that the volume for year was lower that expected, so that is having an impact on absorption standpoint, especially in industrial and engineered solutions. Therefore, margins are disappointing.
$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?