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Provider of office supplies, technology & printer ink $SPLS said that it was disappointed that the District Court for the District of Columbia decided in favor of FTC's request to block the $ODP acquisition. The FTC excluded ink and toner from the market definition of consumable office supplies and only focused on Fortune 100 customers.
$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.