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$RAI 1Q15 10-Q: During 1Q15, RJR Tobacco, together with Philip Morris USA Inc. and Lorillard, tentatively settled virtually all of the Engle Progeny cases then pending against them in federal district court. Total amount of the settlement was $100MM divided as follows: RJR Tobacco - $42.5MM; Philip Morris USA Inc. - $42.5MM; and Lorillard - $15MM.
$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.