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Provider of silicon and software solutions $SLAB said it has acquired Telegesis, a provider of ZigBee modules for $20MM in an all cash transaction. The acquisition of Telegesis is expected to contribute incremental revenue at an annual run-rate of about $8-10MM for the remainder of 4Q15 and also for FY16.
$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.