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$PM's estimated total cigarette market in the European Union of 126.1Bil units decreased slightly by 0.1% in 3Q15 and decreased by 1.5% to 347.9Bil units for the nine months YTD. For the full year 2015, $PM forecasts the estimated total cigarette market in the European Union to decrease by about 2%.
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.