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$NAVI said that it raised an additional $500MM in 4Q15 through a new two-year private education loan repurchase facility. The company has similar securitizations with $3.1Bil remaining at current OC levels, which is expected to grow at $4.5Bil at expected maturities.
$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.