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$FDX's global economy is showing moderate growth & US GDP is forecasted to be 2.5% for calendar 2015 and 2.8% for calendar 2016. This is led by near-term gains in consumer spending. Industrial production growth of 1.6% is expected in calendar 2015 and 2.6% is expected in calendar 2016.
$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.