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Liquidity at 3Q15-end was just over $800MM including the ADL capacity of about $620MM and roughly $170MM of cash on the balance sheet. $URI bought back $167MM bringing the total share repurchase at quarter-end to $740MM, leaving $10MM to complete during the course of 4Q15.
$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.