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Defense contractor $LLL reported a jump in quarterly profit as lower costs drove margins. Revenue however fell, hurt by a dip in Electronic Systems sales. The company raised its full year earnings outlook to reflect a fall in effective tax rate.
$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.