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$CNC's net cash provided by operating activities for 1Q16 increased to $195MM from $45MM in the previous year quarter and net cash provided by financing activities grew to $2.32Bil from $236MM last year. Net cash used in investing activities rose to $836MM from $225MM in the prior year quarter.
$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.