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David Barden of Bank of America asks about the underlying earnings power of $VZ business. $VZ said that on wireless the company is still increasing the profitability of that business. On the wireline side, there is pressure on topline because of Custom TV. For 2016, the company will stick with what was talked about on guidance.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.