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In 2Q16, $HD's net sales grew 6.6% to $26.5Bil versus 2Q15. Comparable store sales for the quarter were positive 4.7%, and comparable sales for US stores were positive 5.4%. Sales per square foot grew 4.3% to $438.6MM. At end 2Q16, company operated 2,275 retail stores in total.
$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.