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YTD, $PLD's dispositions and contributions totaled $1.7Bil, at a 4.9% stabilized cap rate, generating over $210MM of realized development gains and an $165MM of value creation from sale of value-added conversions. YTD, $PLD stabilized $1.4Bil of developments at a 34%, generating about $460MM of NAV accretion or about $0.86 per share.
$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.