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Evan Calio of Morgan Stanley asks about the implied Lower 48 decline in the guidance. $COP EVP Al Hirshberg says looking at the overall decline full year 2016 to full year 2015, the company expects it to come in around 10% with the three rigs that it is running.
$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.