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$DRI 4Q15 Call – Eugene, CEO: LongHorn had a solid year performance with annual same restaurant sales of 4.4% and positive guest counts of 0.8%; both of which significantly outpaced the industry. The Segment profit at LongHorn increased by 17% despite near double-digit beef inflation for the year.
$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.