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In 3Q16, in North America, $PAY delivered revenues of $196MM, down 6% YoverY. In Latin America, revenues were $55MM, down 25% YoverY and lower than expectations. In EMEA, revenues were $190MM, up 10% from the prior year and up 4% on an organic constant currency basis. In Asia, revenues of $52MM were down 6% YoverY.
$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.