Want to join the conversation?
$MAC 2Q15 PR: Total revenues of $322.79MM decreased $68.45MM compared to $254.34MM in 2Q14. Net income attributable to the Company was $14.4MM for the quarter ended June 30, 2015 compared to net income for the quarter ended June 30, 2014 of $16.1MM. Diluted funds from operations of $151MM vs. $129.8MM in 2Q14.
$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.