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$BAX 2Q15 Q&A: Hopkins from Bank of America asked about commentary around succession. Bob replied that our Board had in place, though the governance committee an established succession process for a long time. The decision to spinoff BioScience, clearly wasn’t a result of any succession planning.
$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.