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$STT 2Q15 Q&A: Usdin from Jefferies asked how much you are going to try to move off balance sheet of those excess deposits. Mike replied at this point, I really prefer not to put a precise number on it when we are in the midst of client communications as we speak and it is a sensitive issue. I mean, we are looking for a win-win with our clients.
$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.