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$GLT announced a price increase of 5% for all beverage filtration papers, with immediate effect. This comes as a result of higher raw material costs. The global demand for specialty fibers has grown significantly due to a shift of consumer requirements in the beverage industry.
$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?