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Mark Jordan of Noble Financial asks if there are any acquisition expenses that will fall into FY17. CFO Mike Porcelain replied that $CMTL is still expecting $48MM of total merger and acquisition expenditures in 2016. He added that at this moment, the company is not expecting any of the transaction costs to roll into 2017.
$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.