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$DEI purchased 233 Wilshire Boulevard, a 129,000 square foot Class "A" office property for $139.5MM. The 94% leased property is located at the entrance to the Santa Monica Third Street Promenade. The property will be held by an existing consolidated joint venture with institutional investors including Qatar Investment Authority (QIA).
$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?