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Oil and gas company $MUR said its Canadian subsidiary, Murphy Oil Company Ltd., closed the sale of its 5% non-operated working interest in Syncrude Canada to Suncor. This will increase net cash on balance sheet before closing adjustments by $937MM Canadian before-tax. $MUR has reduced its 2Q16 production outlook by 8,400 boe/day.
$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.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.