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During 4Q16, in the Americas, $RL's net revenue declined 1% in constant currency driven by pressure in the North America business. In Europe, net revenues were up 4% in constant currency. In Asia, net revenue growth of 3% in constant currency was muted by decline in same-store sales, which was hurt by the markdown strategy in Japan and Korea.
$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.