Want to join the conversation?
$VSTO said that it repurchased approx. 572,000 shares for $27MM in 4Q16, under its $200MM two-year share repurchase program. Since the end of 4Q16, the company has repurchased approx. 200,000 additional shares for $10MM. Since the program's initial authorization, the company has repurchased a total of approx. 3.5MM shares for $159MM.
$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.