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$ABT said that it anticipates 2016 adjusted gross margin ratio around 57%, reflecting an negative impact from exchange and partially offset by underlying gross margin improvement initiatives across it businesses. The company expects R&D investment of about 6.5% of sales in 2016 and adjusted SG&A expense of around 30.5% of sales for full year.
$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.