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Homebuilder $NVR said Susan Williamson Ross has been appointed to its BoD as an independent director effective July 28, 2016. Ms. Ross has also been appointed as a member of the Nominating Committee. Ms. Ross is President of the privately-held majority investor in Clark Construction Group.
$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.