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Automotive giant $GM reported a jump in 1Q16 earnings driven by improved year-over-year results in all reporting segments, including breakeven performance in Europe. Net income rose to $2.0Bil or $1.24 per share from $0.9Bil or $0.56 per share last year. Revenue grew to $37.3Bil from $35.7Bil. Adjusted EPS surged 47% to $1.26.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.