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$FBHS also completed its first acquisition under GPG, a Canadian brand Riobel, and has also signed a deal to acquire California-based luxury brand ROHL and its brands, including ROHL and Perrin & Rowe. The ROHL transaction is expected to close in the third quarter. The brands will retain their own identities, teams, locations and partners.
$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.