Want to join the conversation?
Lake Oswego, Oregon-based $GBX said it completed the profitable syndication of a significant portion of the 4,000 railcar portfolio acquired in 1Q16, generating revenue of $100MM and gross margin of $6MM. The company also added that lease fleet utilization declined in 2Q16, mainly driven by the sale of railcars on lease.
$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.