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$SNDK expects industry bit-supply growth for 2015 to be in mid-40% range, and sees captive bit-supply growth to be similar to industry growth. In 2016, $SNDK sees industry bit-supply growth to be in mid-30% range as 2D NAND scaling reaches limits and as it expects 3D NAND to be no more than 20% of industry wafer capacity exiting the year.
$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.