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At Nov. 30, 2015, $MKC temporarily used $171.7MM of cash from its foreign subsidiaries to pay down short-term debt in the US. The avg. short-term borrowings outstanding for the years ended Nov. 30, 2015 was $546MM, up $122.3MM YoverY. The total avg. debt outstanding for the year ended Nov. 30, 2015 rose 10% YoverY to $1,571.9MM.
$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.