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$FISV said that adjusted revenue for 2Q16 grew 6% to $1.3Bil and increased 5% to $2.5Bil in 1H16. Adjusted operating income increased 6% to $413MM and is up a healthy 7% YTD to $812MM. Adjusted operating margin was 31.9% in both the quarter and YTD periods, increasing 10 BP and 40 BP respectively over prior-year periods.
$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.