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Industrial gases company $APD said that it has agreed to sell the Performance Materials Division (PMD) of its Materials Technologies segment to Evonik Industries AG (EVK.DE), a specialty chemicals and materials company. The deal was done for $3.8Bil in cash and is expected to close before the end of 2016.
$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.