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$HPQ expects the Samsung printing business acquisition to add to earnings in the first full year after closing, with cost synergies. The deal is expected to close within 12 months pending regulatory review. After closing, Samsung has agreed to make a $100-300MM equity investment in $HQP through open market purchases.
$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.