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$NWL said it has completed the sale of Endicia, online shipping business to $STMP, provider of online postage solutions based in El Segundo, CA. The company will receive $215MM in gross proceeds from the transaction and expects to receive after-tax cash proceeds of about $150MM.
$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.