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$PLCE's cash and short-term investments at end 2Q16 were $246MM. Company ended the quarter with $44MM outstanding. At end 2Q16, total inventory was down 5.6% versus guidance of low single digit decline. Cash flow from operating activities grew 88% to $75MM YTD.
$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?