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$LUK's 1Q16 results were impacted by volatile and turbulent period in capital markets, which impacted Jefferies and other market sensitive businesses. But, Jefferies' performance in March and April has improved significantly, CEO Rick Handler and President Brian Friedman said and expect solid results from Jefferies' fiscal 2Q.
$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.