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Broadcast, cable and publishing company $CBS reported a rise in 2Q16 earnings driven by higher operating income, backed by growth in higher-margin revenues. Net income rose to $423MM or $0.93 per share from $332MM or $0.67 per share last year. Revenues grew to $3.29Bil from $3.22Bil.
$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.