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$FLR expects FY16 G&A expense of $190-200MM at a tax rate of 33-35%. For FY16, company expects new scale expenses of about $90MM and CapEx of about $300MM. FY16 outlook does not include any benefit related to Stork acquisition nor any transaction and integration-related costs. Stork transaction is expected to close early in March.
$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.