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$PTC said that it has agreed to acquire Kepware, a software development firm, for approx. $100MM, plus bonus of $18MM post success of its strategic initiatives. $PTC to fund this deal through credit facility & expects non-GAAP earnings to be neutral in FY16. The deal is expected to close in early 2016, subject to customary closing conditions.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.