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$ALLE 2Q15 Call: YTD available cash flow was $14.8 million, a reduction of $24.6MM vs. prior-year period. The reduction in YoverY cash flow was due to increased operating cash requirements, offset by increased earnings and reduced CapEx. Majority of available cash flow is generated in 2H of the year.
$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.