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$PPS posted funds from operations for 2Q16 of $43.89MM or $0.82 per share compared to $40.4MM or $0.74 per share in the previous year quarter. CEO Dave Stockert said the company produced double-digit growth in funds from operations in 2Q, with each area of the business contributing to solid profitability.
$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.