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$HPQ's annual goodwill impairment analysis, which it performed as of the first day of 4Q15, did not result in any impairment charges. The excess of fair value over carrying amount for $HPQ's reporting units ranged from 19% to approx. 2,600% of carrying amounts. Software reporting unit has the lowest excess of fair value over carrying amount at 19%.
$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.