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Beloit, Wisconsin-based $RBC said that after four quarters in a row of YoverY margin improvement, the company lost ground in 1Q16, hurt by the oil and gas and power generation businesses. $RBC said continues to rightsize its oil and gas related businesses and expects improved performance in 2H16.
$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?