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Cinema advertising company $NCMI said Katie Scherping, previously CEO of Quiznos, has been named as CFO, effective Aug. 11. Scherping will also be CFO of National CineMedia, LLC. Co-interim CFOs, David Oddo and Jeffrey Cabot, will transition into other roles, namely Oddo will be Treasurer and SVP of Finance and Cabot will be SVP and Controller.
$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.