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In 2Q16, $TYC said total orders increased 7% YoverY with 3% growth in service, 16% increase in integrated solutions and 3% growth in products. Total backlog of $4.65Bil increased 2% on a quarter sequential basis and 7% YoverY. Excluding acquisitions, backlog increased 3% YoverY.
$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.