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$JOY posted an operating loss of $1.1Bil in FY15 compared to an income of $527.5MM last year. The decrease was due to impairment charges, loss of margins on lower sales volumes, less favorable product mix, lower manufacturing cost absorption, and higher product development, selling and administrative expenses.
$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?