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Diversified metals manufacturer $WOR said operating margins for 4Q16 was below normal due to the impact of losses in oil and gas. The company also said it continues to reduce cost to match demand in oil and gas. $WOR's cash from operations was $118MM and the company spent $22MM on capital projects and distributed $12MM in dividends during 4Q16.
$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.