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$SEE continues to anticipate 2016 Free Cash Flow to be about $550MM, including capital expenditures of about $275MM and cash restructuring payments of about $110MM. Currency is expected to have a negative impact of about $275MM on net sales and $45MM on Adjusted EBITDA. The outlook assumes an Adjusted Tax Rate of 24%.
$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.