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$SEE reaffirmed its 2016 net sales guidance of about $6.8Bil, adjusted EBITDA outlook of $1.17-1.19Bil and Adjusted EPS estimate of $2.52-2.60, which assumes Adjusted Tax Rate of 24%. $SEE still sees 2016 Free Cash Flow of about $550MM, including capital expenditures of about $275MM and cash restructuring payments of about $110MM.
$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.