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Motion picture exhibitor $CNK said its wholly-owned subsidiary, Cinemark USA, Inc., intends to commence a private offering $225MM aggregate principal amount of its 4.875% Senior Notes due 2023. The company intends to use the net proceeds to finance a redemption of its 7.375% Senior Subordinated Notes due 2021 and for general corporate purpose.
$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.