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$FOXA expects Cable Networks' pace of domestic affiliate fee rate growth to accelerate in 2H17. The Television segment's revenues and costs for FY17 would be influenced by the broadcast of Super Bowl 51 and the election cycle. Excluding the Super Bowl, Television expenses are anticipated to rise in the mid-single digit range.
$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.