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$BIIB said CEO George Scangos will be leaving the company in the coming months after successor has been identified. The company will begin search for his successor immediately and will consider both internal and external candidates. $BIIB sees transition to occur over few months, and in the interim, Scangos will continue to serve as CEO.
$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.