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$EA 1Q16 PR: EA repurchased 2.2MM shares in 1Q16 for $132MM. FY16 outlook: GAAP net revenue approx. $4.300Bil; GAAP diluted EPS approx. $1.98. 2Q16 outlook: GAAP net revenue approx. $815MM; GAAP diluted loss per share is expected to be approx. $0.58.
$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.