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In 3Q15, $CMG's general and administrative expenses were 5.8% of revenue, down 80 BPs from the prior year. Lower stock-based compensation expense and lower bonus costs are benefiting G&A for the quarter and for the YTD. During 2016 $CMG expects its G&A including stock based comp to grow at slower rate than sales.
$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.