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Stamford, Connecticut-based $SYF posted a 5.4% YoverY rise in net income to $582MM, or $0.70 per diluted share, in 1Q16. Total platform revenue grew 13% to $2.9Bil. "Each of our business platforms delivered strong performance resulting in double-digit growth in overall purchase volume, platform revenue and loan receivables," said CEO Margaret Kean.
$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?