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$T said for a second straight quarter the company turned in a record EBITDA margin of 41.4% in its US Wireless business. Service margins were also a record, reaching nearly 50% in 2Q16. The company added that equipment revenues were down, due to a YoverY increase in BYOD subs and a lower upgrade rate.
$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.