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During 3Q15, $ETN took actions to reduce cost structure in all business segments and at corporate. The restructuring charges were $113MM in 3Q15, with charges for Vehicle segment was $29MM, that for Electrical Systems and Services was $26MM and Hydraulics charges was $25MM. These restructuring are expected to be $10MM in 4Q15 and $30MM in 2016.
$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?