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$GD expects full-year 2016 net interest expense to be approx. $95MM, up from 2015 due to less interest income on lower cash balances expected in 2016. Net interest expense was $83MM in 2015 compared to $86MM in 2014. The company expects full-year effective tax rate to be in the mid-29% range in 2016.
$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.