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$DO said G&A costs are still expected to average around $15-20MM per quarter for the remainder of 2016. Interest expense on the company's current debt and expected borrowings on the bank line of credit net a capitalized interest is projected to average around $28MM per quarter for the rest of 2016.
$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.