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In 1Q16, Consumer Foods' net sales were approx. $1.7Bil, which were about flat with a year ago. $CAG's Commercial Foods' net sales were approx. $1.1Bil or up about 4% from a year ago. Discontinued operations posted a loss of $3.23 per diluted share in 1Q16, reflecting the impairment charge related to the pending divestiture of Private Brands.
$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.