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During 2Q16, $ADM acquired full ownership of Amazon Flavors, a Brazilian manufacturer of natural extracts, emulsions and compounds. The company added soybean crushing capability to its facility in Straubing, Germany. This allowed $ADM to utilize flex capacity, while meeting growing customer demand for non-GMO soybean meal and oil in Western Europe.
$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?