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$JPM 2Q15 Call – Marianne, CFO: Made significant progress in balance sheet & delivered on non-operating deposit commitment. We have consumer loan loss reserve releases of $300MM as well as a little under $300MM of a benefit in DVA/FVA on wider spreads. We saw reserve build across wholesale $250MM of which approx. $140MM related to oil and gas.
$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.