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$BABY also updated its 3Q16 revenue guidance and said that the company has cut its guidance to $89-91MM from the previously announced guidance of $97-98MM. $BABY added that the majority of the expected shortfall is due to a voluntary ship hold the company placed on certain products produced in its Seattle facility.
$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?