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$ESV, a global offshore contract drilling company, on Tuesday said it has taken additional steps to improve efficiencies & reduce expenses by streamlining its global operations reporting structure from 5 to 3 business units, cutting an additional 14% of its onshore support jobs & increasing offshore unit labor cost savings to 15% vs. 9% in Feb 2015
$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?