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Software company $ORCL said in 1Q17, currency movements were more than expected primarily due to the timing of the Brexit vote resulting in a 1-3% headwind in most revenue categories including 1% to total revenue and a $0.01 reduction in EPS. Adjusted SaaS and PaaS revenues grew 82% in constant currency in 1Q17.
$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.