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$NOC 2Q15 Call: Earnings per share increased 16%; cash from operations and free cash flow were also higher in 2Q15. Through June 30, adjusting for the first quarter, pension pre-funding operations generated about $300MM in cash vs. $117MM last year. Strong performance from all 4 of our sectors combined to generate strong segment operating margin.
$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.