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$PM 2Q15 PR: PM reported total PMI net revenues of $6.9Bil, down by 12% YoverY. Excluding unfavourable currency of $1.3Bil, net revenues increased by 4.6%. Net earnings attributable to PMI was up 1.9% YoverY to $1.89Bil. Reported diluted EPS of $1.21, was up by $0.04 or 3.4% vs. $1.17 in 2Q14.
$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.