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Licensor of signal processing IP $CEVA and Spreadtrum Communications, a Chinese fabless semiconductor company, announced the expansion of their long-term partnership around Spreadtrum's latest 64-bit Octa-Core LTE SoC, the SC9860 smartphone platforms. This platform integrates multiple CEVA DSPs performing multiple signal processing workloads.
$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.