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$ZTS said that SKU reduction and changes to its business model in countries like Venezuela and India reduced the operational revenue growth by roughly 400 BP. The full-year 2016 growth drag is expected to be roughly 500 BP. The SKU reduction and business model changes are felt more in the International segment and in the livestock business.
$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.