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$TLN said one of its subsidiaries has completed the sale of C.P. Crane LLC, which owns & operates the 399-megawatt C.P. Crane coal-fired power plant near Baltimore, Maryland, to an affiliate of Avenue Capital Group. $TLN expects to complete the remaining asset sales to satisfy the Federal Energy Regulatory Commission order by the end of 1Q16.
$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.