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$MMM's organic local-currency sales growth was 4.9% in Health Care, 2.7% in Consumer and 2.3% in Safety and Graphics, with falls of 1.4% in Industrial and 9.1% in Electronics and Energy. On a geographic basis, organic local-currency sales growth was 4.8% in Latin America/Canada, 3% in EMEA and 0.4% in the U.S., with fall of 5.4% in Asia Pacific.
$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.