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$MKSI said it has completed the acquisition of all issued and outstanding common shares of photonics solutions company $NEWP for $23 per share or $905MM, and repayment of $93MM of $NEWP's US debt. $MKSI funded the acquisition with a combination of cash on hand and proceeds from a 7-year $780MM secured term loan priced at 99% of par.
$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.