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$VNO said that in the Washington D.C. area, the economy is continuing its positive direction. Nearly 72,000 jobs were added in the 12 months ending April 2016. 24% of this job growth is being driven by office using professional and business services. $VNO added that unemployment is now low at 3.5% for Washington as compared to 4.7% for the country.
$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.