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$HAL intends to finance the cash portion of $BHI acquisition through cash on hand & debt financing. $HAL has obtained a commitment letter for $8.6Bil senior unsecured bridge facility, which is greater than the expected cash consideration required upon closing of $BHI deal. No amounts have been drawn under this commitment as of Sept. 30, 2015.
$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.