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$DFS' 3Q15 net income benefited from a continued favorable credit environment resulting in record low card and total company net charge-off rates. Net charge-off rate for credit card loans decreased 12 BPs from the prior year to 2.04% and the credit card delinquency rate for loans over 30 days past due decreased 6 BPs to 1.65%.
$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.