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Energy company $DVN said it will start a public offering of 55,000,000 shares and expects to grant underwriters a choice to buy up to 8,250,000 additional shares. Net proceeds from the offering are expected to be used for corporate purposes like boosting liquidity, reducing debt and funding company's capital program.
$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.