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Fashion specialty retailer $CATO said that its BoD declared a regular quarterly dividend of $0.30 per share. The dividend will be payable on March 23, 2016 to shareholders of record on March 7, 2016. The $0.30 dividend, or $1.20 on an annualized basis, represents an annualized yield of 3.2% at the closing market price on Feb. 25, 2016.
$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.