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Chris Parkinson of Credit Suisse asks about the cadence of the $690MM in tax refunds in 2017. $CF CFO Dennis Kelleher said the timing of the tax refund receipt is around 3Q17. He added that the actual amount of it is dependent on getting certain equipment online over a certain time period.
$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.