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$CAG's restructuring is expected to result in the elimination of about 1,500 jobs or about 30% of global office-based workforce, and excludes any impact from planned divestiture of the private label operations. $CAG estimates to incur total non-recurring charges of about $345MM, substantially all are cash charges, over the next 2-3 years.
$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.