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Georgia-based packaging company $WRK said its corrugated packaging businesses performed well with strong growth in box sales in the US in 1Q16. The company matched its supply with customer demand and permanently closed three mills with total annual capacity of 675,000 tons.
$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.