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$BDC estimates net proceeds from the public offering, after deducting commissions and expenses, will be about $436.1MM. Company intends to use the proceeds for general corporate purposes, which may include investments in or extensions of credit to its subsidiaries or the financing of possible acquisitions, CapEx or business expansion.
$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.