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Citi analyst Walter Pritchard questions on the composition of sub adds expected to be seen in FY17. $INTU says that about two-thirds of its net adds are coming from QuickBooks Online in the US and another third is coming from outside the US at QBO. The company has an increased focus on product market fit and feels good with its 2.0-2.2MM target.
$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.