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Chris Dankert of Longbow Research asks about GM. $FAST said it saw a 25-30BP drop in GM largely due to a few internal shorter-term issues. Longer-term, $FAST's Onsite business which runs in the mid-30s will become a more meaningful part of GM. Looking out over 3-5 years, $FAST expects some progression in GM solely due to business mix.
$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.