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During 3Q15, $PCL repurchased $50MM of common stock, approx. 1.3MM shares at an average price of $39.20 per share. and during the first nine months of the year, $PCL repurchased $100MM of common stock, nearly 2.5MM shares at an average price of $40.30 per share. As of Sept. 30, 2015, $PCL had $200MM remaining on its share repurchase authorization.
$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.