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Ronnie Weiss of Credit Suisse asks about the two-way material pricing. $RBC said the first half of the year will look pretty much the same relative to the material price formula. It could start to turn heading into the back half of the year, helping the topline. It could differ as copper, aluminum and steel prices are fluctuating.
$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.