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$CMI is making progress with its plans to close three Power Systems manufacturing operations in India, Mexico and the UK. The actions in India and Mexico will be completed in 2H16. In the UK, the company is on track to commence assembly of high horsepower generator sets at its Daventry engine plant in 4Q16.
$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.