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Thursday 24 September 2015
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Latest Update

Noticeable Stocks Under Review: Johnson & Johnson (NYSE:JNJ), SL Green Realty Corp (NYSE:SLG), Stage Stores Inc (NYSE:SSI)

On Monday, Shares of Johnson & Johnson (NYSE:JNJ), lost -1.25% to $93.98.

Johnson & Johnson, will take part in the 2015 Wells Fargo 10th Annual Healthcare Conference on Thursday, Sept. 10, at The Hyatt Regency Boston. Alex Gorsky, Chairman of the Board of Directors and Chief Executive Officer, will represent the Company as the keynote speaker, and is planned to present at 12:05 p.m. (Eastern Time).

Johnson & Johnson, together with its auxiliaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices. The Consumer segment offers baby care products under the JOHNSONS brand name; oral care products under the LISTERINE brand name; skin care products under the AVEENO, CLEAN & CLEAR, DABAO, JOHNSONS Adult, LE PETITE MARSEILLAIS, LUBRIDERM, NEUTROGENA, and RoC brand names; women’s health products, such as sanitary pads under the STAYFREE and CAREFREE, and o.b. tampon brand names; wound care products, counting adhesive bandages and first aid products under the BAND-AID and NEOSPORIN brand names; and nutritional products comprising no calorie sweetener under the SPLENDA brand name.

Shares of SL Green Realty Corp (NYSE:SLG), declined -2.86% to $103.51, during its last trading session.

SL Green Realty Corp declared that it has expanded its unsecured corporate credit facility by $500 million, to $2.533 billion.

The revolving line of credit portion of the facility, which matures in March 2020, has been raised by $400 million to $1.6 billion and the term loan portion of the facility, which matures in June 2019, has been raised by $100 million to $933 million.

SL Green’s Chief Financial Officer, Matt DiLiberto, commented, “The expansion of our unsecured corporate credit facility further improvements our liquidity position and maximizes our financial flexibility on very favorable terms. This will allow us to execute an investment strategy that continues to strengthen our dominant New York market position while maintaining an investment grade balance sheet. It is also evidence of continued lender confidence in our platform, our credit profile, and in the strength of the New York City commercial property market.”

SL Green Realty Corp. is a real estate investment trust (REIT). The firm engages in the property management, acquisitions, financing, development, construction, and leasing. It also provides tenant services to its clients.

Finally, Stage Stores Inc (NYSE:SSI), ended its last trade with - 3.59% loss, and closed at $10.74.

Stage Stores, declared that its Board of Directors has declared a quarterly cash dividend of 15 cents per share on the Company’s common stock, payable on September 16, 2015 to shareholders of record at the close of business on September 1, 2015.

Stage Stores, Inc. operates as a specialty department store retailer in small and mid-sized towns and communities in the United States. Its merchandise portfolio comprises moderately priced brand name and private label apparel, accessories, cosmetics, footwear, and home goods.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




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