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Military shipbuilding company $$HII said the US Navy has awarded its subsidiary, AMSEC, a 4-year contract to provide logistical support to naval operating, joint and coalition forces. The contract has a potential value of $24MM if fully funded and all options exercised.
$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.