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$XOM's downstream earnings for 2Q16 fell by $681MM to $825MM from last year. Weaker refining margins decreased earnings by $850MM, while favorable volume and mix effects increased earnings by $130MM. All other items increased earnings by $40MM, including lower maintenance expenses partly offset by unfavorable foreign exchange effects.
$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.