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$XL 2Q15 Call: We remain on track to achieve our synergy target of $250MM by year-end 2017 on a run rate basis and the ratio of cost to savings remains the same. We're also on track to gain the non-operating expense savings from areas like reinsurance, purchasing, claims adjusting expenses and investment management fees.
$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.