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A special meeting of $BLL's shareholders was held on July 28 to approve issuance of common stock to Rexam shareholders as partial consideration for proposed acquisition. About 83% of shares outstanding as of record June 22 voted and 99.2% of shares voted approved issuance. $BLL now expects to close acquisition during 1H16.
$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.