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Insurance company $AFL said it has priced $300MM of fixed-rate senior notes due 2026 with a coupon of 2.875% and $400MM of fixed-rate senior notes due 2046 with a coupon of 4.00%. The 2026 notes will be issued at $99.816 with a re-offer yield of 2.896% and the 2046 notes will be issued at $99.235 with a re-offer yield of 4.044%.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$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?