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$MRO expects its full-year 2016 capital program to be $1.3Bil, or $100MM lower than the original budget, despite the inclusion of increased activity from the Oklahoma STACK acquisition. The company now expects 2016 E&P production of 330,000 to 345,000 net boed, which reflects divestitures and acquisitions closed to date.
$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.