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In 1Q17, $SJM's US Retail Coffee net sales fell 9% due to lower net price realization as the net impact of volume & mix was neutral. US Retail Consumer Foods net sales were down 2% excluding the impact of the canned milk divestiture. US Retail Pet Foods sales fell 6%, driven by double-digit declines for Natural Balance and Kibbles 'n Bits brands.
$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.