Want to join the conversation?
$JNJ said in the US sales were up 7.4% in 2Q16. Outside the US, operational growth was 3.1%, while effective currency exchange rates negatively impacted reported results by 2.7%. On an operational basis, the Western Hemisphere, excluding the US, grew by 15.4%, with approx. a third of the growth due to an inventory build that will reverse in 3Q16.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.