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Norwood, Massachusetts-based $ADI said while overall macro trends were fairly mixed during 2Q16, the company's highly diverse industrial markets grew 11% sequentially and represented 49% of revenue. All of the major application areas within industrial such as factory automation and industrial instrumentation grew sequentially, added the company.
$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.