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During 3Q16, $UNFI's net sales were $2.13Bil which represents growth of 0.8% or approx. $17MM over 3Q15. Adjusted net sales growth was approx. 6.1%, excluding the YoverY impact of the previously disclosed termination of the customer distribution contract. Acquisitions contributed an estimated 0.9% of growth or $18.1MM of net sales.
$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.