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$VRTX 2Q15 Call: KALYDECO revenues grew 37% YoverY and 18% sequentially. Non-GAAP net loss was $131MM vs. $142MM in 2Q14. 2Q15-end cash was approx. $1Bil and Vertex now expects 2H15 Opex to be higher vs. 1H15 mainly due to the anticipated progress with VX-661 pivotal program and investment to support the launch of ORKAMBI.
$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.