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$SPG announced that its majority-owned operating partnership subsidiary, Simon Property Group, has agreed to sell $500MM principal amount of its 2.50% senior notes due Sept. 1, 2020, and $600MM principal amount of its 3.50% senior notes due Sept. 1, 2025. This offering is expected to close on Aug. 17, 2015.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$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?