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$STT 2Q15 PR: Provision for loan losses of $2MM decreased from $4MM in 1Q15 and was flat with $2MM in 2Q14. Expenses of $2.13Bil increased from $2.10Bil in 1Q15 and from $1.85Bil in 2Q14. Return on average common shareholders' equity (ROE) of 8.3% increased from 7.9% in 1Q15 and decreased from 11.9% in 2Q14.
$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.