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Andrew Lazar of Barclays Capital asks about $CAG's price mix in Consumer Foods. Consumer Foods President Tom McGough said pricing activities are focused on increasing overall margin which was done in 4Q16. In terms of inflation adjusted by pricing, $CAG will be more disciplined. Over time, pricing and margin will move up with some QonQ variation.
$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.