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Union, New Jersey-based retail store chain $BBBY posted lower earnings in 1Q16, hurt by higher SG&A expenses compared to 1Q15. Net earnings were $122.6MM or $0.80 per diluted share compared to $158.5MM or $0.93 per diluted share in 1Q15. Net sales were almost flat at $2.74Bil compared to the previous year.
$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.