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Jim Ricchiuti of Needham & Co. probes on the question of the company's consumer electronics business to be up for the year as a whole vs. last year and about Japanese market. $CGNX said the company doesn't think so. On Japan, $CGNX has performed a bit like the rest of the company. Have seen moderate growth overall and strong performance in ID.
$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.