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Airline company $DAL reported 1Q16 net income of $946MM or $1.21 per diluted share, up 26.8% versus $746MM or $0.90 per diluted share in 1Q15, helped by lower operating expenses. Total operating revenue fell 1.5% to $9.3Bil, due to fall in both passenger and cargo revenues.
$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.