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Specialty glass manufacturer $GLW reported a net loss of $368MM or $0.36 per share in 1Q16 compared to a net income of $407MM or $0.29 per share in 1Q15, hurt by a non-cash, mark-to-market loss associated with currency-hedging contracts. Net sales fell to $2.05Bil compared to last year.
$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.