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$BKS completed the transition of certain NOOK functions to Bahwan CyberTek. Upon completion, the company shut down its Santa Clara and Taiwan offices. On an annualized basis, this action is expected to yield cash savings of $13MM, including $8MM of expense reductions starting in 2Q17.
$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.