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Rich Repetto of Sandler O'Neill asks for an update about Trayport. $ICE CEO Jeff Sprecher said that the way the UK takeover works is that they have a period of time after closing to review a deal. He added that the company is cooperating fully and believes that the CMA is not going to object to it owning Trayport in the way it operates it.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.