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Heating and ventilation systems maker $JCI reported a decline in 1Q16 earnings. Net income fell to $450MM or $0.69 per diluted share from $507MM or $0.76 per diluted share same quarter last year. Adjusted non-GAAP diluted earnings per share for the quarter were $0.82, up 11% from the prior year quarter.
$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.