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Truck maker $PCAR reported a rise in 2Q16 earnings driven by a $109.6MM favorable adjustment to charge related to settlement of the European Commission investigation. Net income rose to $481.3MM or $1.37 per share from $447.2MM or $1.26 per share last year. Revenues fell to $4.41Bil from $5.08Bil. Adjusted EPS for 2Q16 was $1.06.
$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.