Want to join the conversation?
Looking into 2016, $CAT said that it expects another down year for energy and transportation, down 10-15%, construction industry is expected to be down 5-10% and resource industry to be down 15-20%. The company is expecting another positive cash flow year in 2016 to cover its dividend and capex.
$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.