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Apartment communities developer $ESS said that for 2016, it has modestly increased its market rent growth expectations for Southern California from 5.2% to 5.5%. For Northern California, the company is lowering its economic rent growth forecast from 7.5% to 6.5%. $ESS said that looking into 1Q16, it experienced a choppy, but nice rebound from 4Q15.
$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.