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IT supply chain company $SNX posted higher 2Q16 sales and profit results that were above the company's expectations. 2Q16 net income fell to $44.36MM or $1.11 per diluted share vs. $51.87MM or $1.30 per diluted share in 2Q15. Revenue rose 3.9% to $3.38Bil vs. 2Q15, helped by higher revenue in the products business.
$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.