Want to join the conversation?
Internet and telecommunications company $LVLT swung to a 2Q16 earnings driven by lower costs and expenses. Net income was $149MM or $0.41 per share compared to a loss of $13MM or $0.04 per share last year. Total revenue declined slightly to $2.056Bil from $2.061Bil. Excluding charge, EPS grew to $0.53 from $0.42.
$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.