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$KNDI 2Q15 Call: In 2Q15, signed an agreement with Alibaba (China) Co. Remain confident to realize the 2015 EV sales target for the JV company. Cost of goods sold was $41.5MM in 2Q15, up 61.1% YoverY. Gross profit was $60.4MM, down 10.1% YoverY. Overall margin decreased to 13.5% from 21.9% in 2Q14.
$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?