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$AIV 2Q15 Call: AIV beat the high end of same store NOI guidance by 145 BP. Ongoing redevelopment projects are on time and budget in creating value about equal to $0.30 for $1 invested. Completed construction on 2900 on First in Seattle; approval of next phase of redevelopment of Sterling in Philadelphia; 97% occupancy at Lincoln Place, California.
$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.