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$GS' 1Q16 net revenue fell 40% versus 1Q15, mainly due to lower market-making revenue and other principal transactions revenue. Investment banking revenue fell 23% in 1Q16. Investment management revenue fell 16% due to lower incentive fees. Market-making revenue fell 53% due to lower revenue across all major fixed income and equity products.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.