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Alex Meruelo, the largest beneficial shareholder of $SZMK, said he is in strong opposition to the sale of $SZMK to an affiliate of Vector Capital announced on Aug. 3, 2016. Alex Meruelo, together with Meruelo Investment Partners LLC and Alex Meruelo Living Trust, beneficially own about 13.8% of its outstanding shares of common stock.
$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.