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$EL, which competes with $AVP & $REV, said while it remains on track to deliver $200MM of cost savings in 2016, the company will also continue to look for ways to further improve leverage in the future. EPS growth is expected to be 10-12% in constant currency. $EL expects 3Q16 sales to rise 6-7% in constant currency, with 70 BPs from acquisitions.
$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?