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$NOC's operating costs and expenses as a percentage of sales for 2015 increased to 86.9% from 86.7% last year, which reduced operating margin rate to 13.1% from 13.3%. The increase in operating costs and expenses as a percentage of sales was driven by $179MM of lower segment operating income, and $21MM in higher unallocated corporate expenses.
$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.