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$IP, the world's largest papermaker, said it's on track to complete the Riegelwood Mill conversion project in 2016. $IP is converting the mill to 100% pulp with the capability to run an additional 400,000 ton of softwood and/or fluff pulp. It expects conversion impact in 2016 to impact earnings by $75-80MM, with about $50MM impacting 1Q16 earnings.
$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.