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In North America, $KMB's sales of K-C Professional (KCP) Segment for 1Q16 increased by 3% from last year. Volumes improved 3%, driven by growth in washroom products and wipers. The combined impact of changes in net selling prices and product mix added 1 point to sales, while currency was unfavorable 1%.
$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.