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$PH anticipates that cost savings realized from the work force reduction measures taken during the first six months of fiscal 2016 will increase fiscal 2016 and fiscal 2017 annual operating income by approx. 3% and 5%, respectively, in both the Diversified Industrial North American and Diversified Industrial International businesses.
$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.