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Business outsourcing solutions provider $ADP cuts its FY16 adjusted EPS growth outlook to 11-13% from $2.89 in FY15. This compares with prior forecast of 12-14% growth. This forecast reflects additional selling expenses anticipated from increased new business bookings and higher than anticipated pressure of unfavorable foreign currency translation.
$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.