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Net cash provided by operating activities of $NWS $NWSA for 6 months ended Dec. 31, 2015 fell to $346MM from $544MM last year. Net cash used in investing activities decreased to $250MM from $1.47Bil in the previous year period, and net cash used in financing activities declined to $99MM from $156MM last year.
$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.