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John Franzreb of Sidoti & Company asks about margin variability. $MTRX said it depends partly on mix of work. In the Industrial segment, the work in iron, steel and copper has lower margins. Oil, Gas and Chemical is all about volume. $MTRX is not expecting any real margin pressure in Electrical Infrastructure.
$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.