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Michael Ciarmoli from KeyBanc Capital asks on ESG, if there is any change to the company's CapEx plans. $KLXI said its CapEx in 1Q16 was $19MM and it does not expect to spend more than $40MM for FY16, which includes Herndon. So the CapEx spending is coming down substantially.
$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.