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Insurance underwriter $TRV reported lower 4Q15 earnings hurt by $137MM decline in operating income and net realized investment losses of $20MM after-tax. Net income fell to $866MM or $2.83 per share from $1.04Bil or $3.11 per share last year. Revenue slid to $6.6Bil from $6.78Bil last year.
$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?