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$SIG's 3Q16 selling, general and administrative (SGA) expenses were $395MM or 32.4% of sales versus $388.7MM or 33% of sales in 3Q15. Included in SGA are $7.4MM of transaction-related expense and purchase accounting adjustments versus 3Q15 expense of $7MM. 3Q16 adjusted SGA was $387.6MM or 31.7% of sales compared to $381.7MM or 32.1% in 3Q15.
$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.