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$GE's provision for income taxes for 9 months ended Sept. 30, 2015 rose to $7.5Bil from $1Bil last year. The increase in the income tax expense is primarily due to tax expense incurred as part of GE Capital Exit Plan, lower tax benefits from lower-taxed global operations and an increase in pre-tax income taxed.
$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.