Want to join the conversation?
Multinational financial services giant $NDAQ said that 1Q16 interest expense was $28MM and was comprised of $27MM of interest expense and $1MM of non-cash debt issuance amortization expense. Income tax provision was $63MM vs. $5MM in 1Q15. The overall effective tax rate was 32.3% in 1Q16 vs. 35.7% in 1Q15.
$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?