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Financial technology provider $ITG said June 2016 US trading volume was 3.1Bil shares and average daily volume (ADV) was 141MM shares as compared to 4Bil shares and ADV of 182MM shares in June 2015. Trading volume was 2.6Bil shares and ADV was 124MM shares in May 2016. There were 22 trading days in June 2016 and June 2015 and 21 days in May 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.