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$SLG reported a drop in 3Q16 earnings due to lower gain on sale of real estate as well as lower equity in net gain on sale of interest in unconsolidated JV/real estate. Net income fell to $34.25MM or $0.34 per share from $163.66MM or $1.64 per share last year. Total revenue dropped to $416.68MM from $432.07MM.
$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.