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The equity REIT $SPG reported a rise in 3Q15 earnings on higher revenue. Net income rose to $420.01MM or $1.36 per share from $251.97MM or $0.81 per share. Revenue grew to $1.32Bil from $1.23Bil. FFO per share rose to $2.54 from $1.90. $SPG lifted quarterly dividend by 23.1% to $1.60, payable on Nov. 30 to stockholders of record on Nov. 16.
$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.