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Real estate firm $SPG said its subsidiary, Simon Property Group, will redeem $800MM in principal amount of outstanding 6.125% notes due 2018 and $200MM in principal amount of outstanding 7.375% notes due 2018. Notes will be redeemed on Dec. 21, 2015. A $121MM or $0.33 per share charge to net income and FFO is expected in 4Q15 due to the redemption.
$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.