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$TRIP's Hotel segment revenue for 1Q16 declined by $17MM from last year. This was primarily due to a $29MM decrease in TripAdvisor-branded click-based and transaction revenue, on a fall in revenue per hotel shopper of 24%, largely due to the global rollout of its instant booking feature.
$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.