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$STX 4Q15 Call: For 3Q15, Seagate is planning for revenue of approx. $2.9-3.1Bil and expects margins to be relatively flat. As of July 31, 2015, STX has redeemed approx. 14.5MM shares of stock quarter-to-date & is on pace to exit 3Q15 with less than 300MM shares outstanding, returning over $900MM to investors through dividend and share redemptions.
$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.