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$WNR said it launched syndication of new senior secured term loan credit facility (Term Loan B-2). The principal of proposed term loan is expected to be $500MM, have maturity of 7 years and rank pari passu with $WNR's existing term loan (Term Loan B-1). The Term Loan B-2 is expected to close concurrent with closing $NTI purchase in late June.
$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.