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$KMI expects to end 2016 with a net debt-to-adjusted EBITDA ratio of approx. 5.3 times, below the budgeted ratio of 5.5 times. The company's growth capital forecast for 2016 is approx. $2.8Bil, a reduction of $500MM from its budget of about $3.3Bil.
$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.