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During 3Q15, $ETN incurred restructuring costs of $113MM, while savings in the quarter from the actions were $15MM. $ETN repurchased $284MM worth of shares, totaling $454MM of repurchases in 2015, approx. 1.5% of outstanding shares at the beginning of the year.
$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.