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Energy infrastructure solutions company $PWR reported a decrease in 2Q16 earnings due to lower revenues, project losses and production issues. Net income was $16.5MM or $0.11 per share in 2Q16 compared to $46.1MM or $0.22 per share in 2Q15. Adjusted diluted EPS from continuing operations was $0.18 in 2Q16. Revenues fell to $1.79Bil from last year.
$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.