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$BBRY 1Q16 PR: Revenue for 1Q16 was $658MM. The revenue breakdown for the quarter was approx. 40% for hardware, 38% for services and 21% for software and technology licensing. Net income for the 1Q16 was $68MM compared to $28MM in 4Q15 and $23MM in 1Q15. Operating cash flow was $134MM with free cash flow (operating cash flow minus CapEx) of $123MM.
$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.