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Mass media company $CBS said that 1Q16 net earnings jumped 20% to $473MM vs. $394MM in 1Q15, helped by higher operating income and lower losses from FX rate changes. Diluted EPS rose to $1.02 and adjusted EPS grew to $1.02 in 1Q16. Revenues rose 10% vs. 1Q15, helped by higher advertising and affiliate and subscription fees revenues.
$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.