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For 2015, $ALLE's effective tax rate plunged to 26.1% from 31.4% for 2014. The effective income tax rate was negatively impacted by $111.3MM or $115MM after-tax of charges related to the divestiture of Bocom, the divestiture of the Venezuelan business, and the devaluation of the Venezuelan bolivar.
$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?