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Ed Westlake of Credit Suisse asks whether the yield at MPLX is now low enough. $MPC CEO Gary Heminger said the yield should be much lower than where it is based on the tremendous suite of assets, both drop-down assets and organic assets. The company expects that its yield is going to continue to improve with the solid performance that it has had.
$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.