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$ETR said its subsidiaries Entergy Arkansas, Entergy Louisiana and Entergy New Orleans closed their purchase of the 1,980-megawatt Union Power Station located near El Dorado, Arkansas. The plant consists of four combined-cycle, gas-fired generating units each rated at 495-megawatt. The plant purchase price is about $948MM.
$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.