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$CPB repurchased $143MM of shares in FY16, $100MM of which were under its strategic share repurchase program. The balance of the repurchases were made to offset dilution from equity-based compensation. Net debt declined by $592MM, as cash from operations was well in excess of CapEx, dividends and share repurchases.
$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.