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In 2Q16, $SHLM's EMEA segment revenues dipped as volumes declined primarily in distribution services. In USCAN, revenue and volume were weaker than expected. Latin America had strong volume growth with revenues, excluding FX, growing about 16%. Asia-Pacific saw flat volume. In Engineered Composites, revenue and volume were below 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.