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Mark Schappel of Benchmark asks about challenges in the OpenEdge Direct business. $PRGS said while reviewing all the opportunities and their position in the sales cycle, there is a risk from timing. By looking at the pipeline and the maturity of the sales cycle, $PRGS believes it can close the required number of deals to meet its objectives.
$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?