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$WDC 4Q15 Q&A: Huberty of Morgan Stanley asked to walk through GM drivers in Sept. Olivier answered that fixed cost absorption was an issue because of the lower term and was able to more than mitigate this negative effect to two factors; first of all, mix of improvement and management of cost base.
$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.