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In 1Q16, $UTX saw 4% growth in the Americas driven primarily by Otis which was up 9%. Sales were down 2% in Europe and the Middle East, driven by CCS. Otis sales were flat in the EMEA region. Commercial aerospace growth of 4% was primarily driven by Pratt where the aftermarket was strong. In military, sales were flattish for OEM and aftermarket.
$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.