Want to join the conversation?
$LANC, manufacturer and marketer of food products, reported higher 4Q16 results, helped by higher net sales and operating income. $LANC said net income rose 19.71% to $30.61MM, or $1.12 per share from $25.57MM, or $0.93 per share a year ago. Revenue rose 2.43% to $284.49MM, led by sales growth in the retail channel.
$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.