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$FB 2Q15 Q&A: Mahaney of RBC asked about sale and marketing expenses being flattish and any reason for that. David commented that you are going to see that to be lumpy due to product marketing and that’s not going to be a steady quarter to quarter trend. FB is investing more in sales and marketing over time in general.
$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.