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Lindsay Drucker Mann of Goldman Sachs asks about the margin drivers for North America in 2H16. CFO Chip Molloy said in 3Q16 $UA is going to be slightly down and in 4Q16 the company will see some material impact. He added that with footwear growing at 2x apparel, there is going to be higher margins, which is going to be a challenge for the company.
$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.