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$UPS 2Q15 PR: Net income was $1,230MM, an increase of 170.9% from $454MM in 2Q14. Net income was 8.7% of revenue. Diluted EPS was $1.35, a 12% increase over adjusted results for the same period last year. On a reported basis, operating profit increased $1.2Bil and diluted EPS was up $0.86.
$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.