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Valero Terminaling and Distribution, an indirect unit of $VLO, said it has purchased the remaining 50% membership interest in Parkway Pipeline from a unit of $KMI effective June 30, 2016, bringing its total interest in the pipeline to 100%. Valero funded the acquisition with cash.
$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.