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Financial services company $RF said its BoD has authorized an equity repurchase program for up to $640MM of common stock. The authority granted under the repurchase program expires on June 30, 2017. The timing and exact amount of common stock repurchases is subject to the terms of the company's capital plan.
$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?