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$L said that it ended the year with $4.3Bil in cash and investments, having spent $1.3Bil during 2015. The company repurchased more of its own shares in 2015 than any year since 1993. For the full year, parent company after tax investment income fell to $16MM in FY15 from $63MM YoverY, indicating lower performance of equities and alternatives.
$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.