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Homebuilder $PHM said Richard Dugas, Jr. intends to retire as Chairman and CEO at the May 2017 Annual Shareholders Meeting. Independent directors James Postl, Cheryl Grise and Patrick O'Leary have been named to a special committee formed by the Board. The committee along with a recruitment firm will conduct the search for a new CEO.
$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?
$YHOO is reporting today after market close. Nobody cares about this stock.