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Board approved an increase in quarterly dividend to an annualized rate of $4.08 per share reflecting a strong confidence in $PM's business fundamentals & future prospects. This marked eighth consecutive dividend increase since the spin off in March 2008 representing a total increase of approx. 122% or compound annual growth of 12%.
$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.