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$GPRO ended 2Q16 with cash, cash equivalents and marketable securities of approx. $279MM. $GPRO expects revenue to grow consecutively in 3Q16 and 4Q16. The company expects to return to profitability in 4Q16. Full-year 2016 non-GAAP tax rate is expected to be approx. 14%.
$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?