Want to join the conversation?
Deutsche Bank analyst Greg Fraser asked whether the benefit from the product rationalization effort to help grow gross margin will be realized in 2017. $ENDP said that the gross margin for 2016 will be $10MM and the benefit is expected to step up somewhere about $40-45MM in 2017 and capture the full realization of $60MM in 2018 on cumulative basis.
$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.