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Advertising and market holding company $OMC posted 1Q16 net income of $218.4MM, or $0.90 per diluted share, up 4.4% from $209MM, or $0.83 per diluted share, in the prior year quarter. Worldwide revenue increased by nearly 1% YoverY to $3.5Bil, primarily driven by organic revenue growth of 3.8%.
$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.