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During 4Q15, $DTE announced the closure of the Shenango Incorporated coke battery plant located in Pittsburgh in response to a sharp downturn in the North American steel industry. As a result of the closure, the company recorded a one-time pre-tax non-cash impairment charge of $111MM.
$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.