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Biotechnology company $GILD reported a decline in its 1Q16 earnings. $GILD said its 1Q16 net income dropped to $3.6Bil, or $2.53 per share compared to $4.3Bil, or $2.76 per diluted share in 1Q15. $GILD posted an increase in revenue at $7.8Bil vs. $7.6Bil in 1Q15. Excluding items, $GILD earned $3.03 per share.
$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.