Want to join the conversation?
For FY17, $PH expects total sales to be in the range of negative 1.5% to positive 2.1% as compared to the prior year. Sales are divided as 48% in 1H17 and 52% in 2H16, which is a normal distribution of a split in a year for $PH. This forecast excludes any acquisition and divestitures that might close during FY17, the company said.
$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.