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$CMI said revenues in North America declined by 13% in 2Q16 due to weaker demand in on-highway markets especially heavy-duty truck. International revenues declined by 4% YoverY with weaker sales in Latin America and the Middle East. 2Q16 revenues in China including JVs were $940MM, up 3%. Revenues in India grew 9% YoverY.
$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.