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Semiconductor company $ADI said that 1Q16 revenue totaled $769MM, which is about even to 1Q15. Revenue fell 21% vs. 4Q15. Due to typical seasonal weakness within the Consumer market, the company's B2B markets of Industrial, Automotive and Communications Infrastructure combined to form in line with expectations.
$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.