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$DD 2Q15 Call: In connection with completion of spinoff of Chemours, BoD authorized the use of $4Bil distribution proceeds to repurchase shares as follows: $2Bil repurchased & retired by Dec. 31, 2015 with remainder by Dec. 31, 2016. We expect to use accelerated share repurchase plan in connection with the $2Bil buyback by year-end.
$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.