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$COF's effective income tax rate for 3Q15 declined slightly to 32.2% from 32.3% last year. The decrease was primarily due to higher discrete tax benefits and increased tax credits, partially offset by reduced benefit of lower taxed foreign earnings in 3Q15. Excluding impact of discrete tax items, effective tax rate rose to 32.7% from 32.3%.
$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?