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REIT-based firm $FRT said that it is closing its public offering of $250MM aggregate principal amount of 3.625% senior unsecured notes due Aug. 1, 2046. The notes were offered at 97.756% of the principal amount with yield to maturity of 3.750%. $FRT intends to use the net proceeds to pay down outstanding balance under its revolving credit facility.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?