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Online travel company $EXPE reported a sharp decrease in 2Q16 earnings. Net income was $32MM or $0.21 per share in 2Q16, down 93% compared to $450MM or $3.38 per share in 2Q15, which included a $395MM after-tax gain related to the sale of eLong. Consolidated revenue increased 32% to $2.1Bil from last year.
$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.