Want to join the conversation?
In 2Q16, $AVY repurchased 0.9MM shares at $64MM. Net of dilution, company reduced its share count by 0.3MM in the quarter. Cost of repurchase, net of proceeds from stock option exercises, was $39MM. Effective tax rate in the quarter was about 19% versus about 36% last year.
$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?