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$XYL said deal is expected to add to its adjusted earnings in 2017. $XYL will finance all-cash transaction with deployment of about $400MM of its non-U.S. cash, new and existing credit facilities, and combination of short- and long-term debt. There is no change to $XYL's 2016 adjusted earnings outlook. The transaction is expected to close in 4Q16.
$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.