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David Risinger from Morgan Stanley probes on why former CEO Joe Papa was released by the Board from his contract without greater penalties. $PRGO said that about what Joe got when he left, he was paid up until his last day of employment and nothing going forward. Non-compete was amended, it was not waived, Joe did not get out of it.
$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?