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$MJN's 4Q15 GM was 63.9%, up 200 BP from 4Q14 helped by lower dairy costs. Productivity improvements offset the company's commodity increases in higher manufacturing costs. The company's advertising and promotional spending was 15.6% of sales, up 7% on a constant dollar basis vs. 4Q14.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.