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$FDX said on the economic front, the company continues to see moderate growth in the global economy. The company's US GDP forecast is 1.8% for calendar 2016, which is 40 BPs lower than last quarter's forecast. $FDX forecasts 2.4% for 2017, led by gains in consumer spending.
$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.