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Hospitality services provider $WYN posted lower 1Q16 results, hurt by higher interest expense and higher depreciation and amortization. $WYN said reported net income fell 21% to $96MM, or $0.84 per share compared to $122MM, or $1.00 per share a year ago. Revenue rose 3.2% to $1,303MM. Excluding items, $WYN earned $1.12 per share.
$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.