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$OI, which competes with $BLL, said that interest expense was higher due to the incremental debt associated with the acquisition. The company's effective tax rate was 31% for 4Q15 mainly due to the acquisition. Earnings were about 25% higher than prior year, excluding the impact of currency headwinds.
$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.