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$ALXN now expects 2016 research and development expense to be at high end of prior forecast of $650-680MM and selling, general and administrative expense to be at high end of prior $760-790MM outlook. The company still expects interest expense of $100MM, effective tax rate of 7-8% and diluted shares outstanding of 230MM.
$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.