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$WDC agreed to buy $SNDK. Steve Milligan will continue to serve as CEO of the combined company, which will remain headquartered in Irvine, California. Upon closing, Sanjay Mehrotra is expected to join $WDC's BoD. For $WDC, the deal is expected to be EPS accretive on a non-GAAP basis within 12 months of close.
$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.