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$MKSI entered into an interest rate swap agreement to fix the rate on approx. 50% of its remaining outstanding term loan balance. The swap converts the floating rate on $335MM of the outstanding principal amount of the term loan to a fixed interest rate of 4.70% through September 2020.
$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.