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Financial services company $ETFC said that it is steadily marching towards its target balance sheet size of $49.5Bil, which it expects to achieve in the second quarter of 2016. The company also said that it is actively executing on its $800MM share repurchase program that was announced in Nov. 2015.
$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.