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Software company $PRGS reported net income of $7.6MM or $0.15 per share in 3Q16 compared to a net loss of $4.1MM or $0.08 per share in 3Q15 helped by higher revenues and strong segment performance. Revenue was $102MM, up 8% on an actual currency basis and 9% on a constant currency basis 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.