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$XOM 2Q15 Q&A: Sankey of Wolfe Research asked about costs and potential M&A. Jeff answered that, XOM keep focused globally and have got opportunities in other countries that will naturally maintain a line of sight on a right value proposition going forward. If focusing on the unconventionals, the ownership structure is very diverse.
$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.