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$BKH said that it has announced the pricing of public debt offering of $550MM in senior unsecured notes. The offering consists of $300MM of 3.950% notes due 2026, priced at 99.697% of their principal amount, and $250MM of 2.5% notes due 2019, priced at 99.877% of their principal amount. $BKH expects the offering to close on Jan. 13, 2016.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."