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At June 30, 2015, $TMK's fixed maturities had a fair value of $14.1Bil, down from $14.5Bil at Dec. 31, 2014. The net unrealized gain position in the fixed-maturity portfolio fell to $995MM at June 30, 2015 as a result of a rise in market interest rates.
$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.