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$BSX's GAAP operating loss was $299MM in 3Q15. In 3Q15, $BSX reported a $457MM litigation related net charge. Total legal reserve as of Sept. 30, 2015 was $1.559Bil. Interest expense increased $4MM YoverY primarily due to the incremental debt raised in 2Q15 to finance the AMS acquisition.
$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.