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$BIIB's total revenues for 2Q16 increased by 12% to $2.89Bil from the previous year quarter. This increase was driven by rises in worldwide revenues from the company's multiple sclerosis (MS) and hemophilia businesses. Foreign exchange negatively impacted revenue by about $44MM, driven by changes in hedge results.
$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.