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$MRO said, in addition to the Equatorial Guinea compression project, it expects first oil in 2016 from investments in two outside operated projects; Gunflint in the Gulf of Mexico and Atrush in the Kurdistan region of Iraq. The company forecasts about $40MM of sustaining CapEx towards its non-operating working interest in the Oil Sands in 2016.
$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.