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For 4Q15, $PSX projects refining crude utilization rate to be in the mid-90% and for full year 2015, the company expects its consolidated capital expenditures to be around $4.3Bil; effective income tax rate to be in the mid-30%; and after-tax corporate and other costs to be in the range of $110-120MM.
$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.