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$MSCC said its revised proposal to acquire $PMCS has been considered superior to the offer $PMCS received from $SWKS. As per the revised offer, $PMCS shareholders will receive $9.22 in cash & 0.0771 times of a share of $MSCC common stock for each share of $PMCS common stock held at the close of the transaction.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.