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$VIPS 2Q15 Q&A: Hellawell of Deutsche Bank requested some color on the cosmetics business. Millicent replied that 2Q15 beauty overall GMV was $246MM and that slightly compared to 1Q15 because the company had a major promotion on cosmetics in this year. Continues to believe that in future cosmetics is the major category for Vipshop, added Millicent.
$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.