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$AIT said that its 4Q16 sales per day rate was $9.91MM, down 7.2% vs. 4Q15 and down 0.7% vs. 3Q16. The company said that acquisitions positively impacted sales by 2.4% and foreign currency impacts lowered sales by 1.2%. Excluding the effects of these items, core same-store operations saw a 7.6% decrease in sales vs. 4Q15.
$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?