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$NOC 2Q15 Q&A: Doug from Sanford Bernstein asked about stable level of balance sheet. Kim says from a net debt increase perspective, we made decision in 2013 that based on attractiveness of debt markets to NOC at the time to change our balance a little bit to go out and take on a little bit of additional debt and use that for share repurchase.
$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.