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$AAL reported total revenue passenger miles for September 2016 declined by 1.7% from last year and capacity or available seat miles slid by 0.4%. Total passenger load factor fell by 1.1 percentage points to 81.6%. $AAL expects 3Q16 revenue per available seat mile to be down about 2-3% YoverY and pre-tax margin excluding special items of 13-15%.
$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.