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$LH 2Q15 Call: Gross profit was $775MM, or 34.9% of revenue compared to $569MM or 37.5% last year. Increase in gross profit was due primarily to acquisition of Covance as well as organic volume & productivity. Decline in gross margin was due to mix impact from Covance. Excluding Covance, GM would have been 38.2%, an increase of 70BP over last year
$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.