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$A said it is investing $80MM in Lasergen, Inc., an emerging biotech company. With this investment, $A will acquire a 48% ownership stake and will join Lasergen's board. The company has the option to acquire the remaining shares until March 2, 2018, for an additional consideration of $105MM.
$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.