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Sports equipment provider $DKS said comp store sales grew 0.5% in 1Q16. The e-Commerce business grew to 9.2% of sales and its sales increased 15%. The company is on schedule to re-launch Dicks.com on its own web platform in January 2017. Golf Galaxy generated comps of 1.7% in 1Q16.
$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.