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Defense company $LDOS said that the Office of Naval Research awarded the company a contract to provide technical solutions for the Electromagnetic Maneuver Warfare Command & Control (EMC2) program. This contract has a 5-year base period of performance, a 2-year option period, and a contract value of $900MM for all awardees, if options is exercised.
$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.