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$HOLX's total expenses rose 12.9% in 2Q16, mainly due to investments in breast health and diagnostic marketing programs. This spending increase will continue into 2H16. $HOLX spent $311.4MM in 2Q16 to repurchase convertible notes for $226.6MM. In 2Q16, company brought back 4.3MM shares for $148.8MM. Diluted shares outstanding was 288MM at end 2Q16.
$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.