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$PDCO FY15 10-K: On June 16, 2015, PDCO completed the previously announced acquisition of Animal Health International, Inc. Under terms of definitive agreement, PDCO has acquired all of Animal Health International’s stock for $1.1Bil in cash. Animal Health International generated sales of $1.5Bil & EBITDA of $68MM during 12 months ended March 2015.
$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.