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$CBS, a diversified media conglomerate, said that 1Q16 revenue was up 10% to $3.85Bil, the highest in the company's history. Operating income was up 16% to $812MM and EPS was up 32% to $1.02. Underlying network advertising was up 12% for the quarter.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.