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IT technology firm $CACI said that 4Q16 awards and contracts funding were above 4Q15, reflecting enhanced business development processes & an improved pace of government spending. The company received awards of over $5Bil & contract funding of over $4Bil for 2016. $CACI said it successfully integrated NSS achieving synergy goals ahead of schedule.
$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.