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$PCAR 2Q15 Q&A: In terms of 3Q15 Truck gross margin, answering to Joe of Vertical Research, Ron said PCAR expects 3Q15 will be impacted by little heavier fleet mix as well as the normal factory shutdown that the company has in Europe; so some leverage effects related to that. PCAR has no expectations for any unusual items in 3Q15, he added.
$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.