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In 3Q16, $USB's return on average common equity was 13.5% and efficiency ratio was 54.5%. Credit quality was stable in the quarter as expected. Both nonperforming assets and net charge-offs decreased modestly compared with the prior linked quarter.
$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.