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$HCP said its BoD unanimously approved a plan to spin off its HCRMC portfolio of skilled nursing & assisted living assets, as well as other skilled nursing facilities, into an independent publicly-traded REIT. $HCP also leased 689,000 sq. ft. in its life science and medical office portfolios, bringing occupancy to 98% and 91%, respectively.
$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.