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$PEP 2Q15 Call – Indra Nooyi, CEO: We are very pleased with our performance in the quarter. Organic revenue grew 5.1%, with Global Snacks up 8%, and Global Beverages up 2%. Core gross margin improved by 115BP. Core constant currency operating profit grew 8% and core constant currency EPS grew 11%.
$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.