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$WMT 1Q16 10-Q: Total revenues were $114.83Bil vs. $114.96Bil in 1Q15. Net sales were $114Bil vs. $114.17Bil in 1Q15. Cost of sales was $86.48Bil vs. $86.71Bil in 1Q15. Operating income was $5.68Bil vs. $6.19Bil in 1Q15. Net income was $3.34Bil vs. $3.59Bil in 1Q15. Comprehensive income was $1.91Bil vs. $3.88Bil in 1Q15.
$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.