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Mark Mahaney of RBC Capital Markets asks about SEO traffic. CFO Scott Schenkel said that $EBAY had SEO challenges since May 2014 when Google made a significant algorithm change. In 2Q16, SEO traffic turned to be positive and the company expects this trend to continue in the future.
$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.