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In Feb. 2016, $STJ amended the Credit Facility expiring 2020 and the Term Loan due 2020 to clarify the leverage ratio calculation to exclude certain expenses relating to the Thoratec acquisition incurred in 4Q15. Additionally, during 3Q15, $STJ amended a debt covenant related to its 1.580% Yen denominated Senior Notes due 2017.
$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.