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At 3Q15-end, $CCI had $3.9Bil of floating rate debt, which included $2.3Bil of debt with a LIBOR floor of 75 BP/annum. A conjectural unfavorable fluctuation in market interest rates on $CCI's existing debt of one-eighth of a percent point over a 12 month period would increase its interest expense by approx. $2MM when giving effect to LIBOR floor.
$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.