Want to join the conversation?
$RAI 1Q15 10-Q: 1Q15-end cash and cash equivalents were $1.6Bil, down 11% YoverY; shareholders’ equity were $4.5Bil, stayed flat YoverY. During 1Q15, at a cost of $32MM, RAI purchased 424,145 shares that were forfeited and cancelled with respect to tax liabilities associated with restricted stock units vesting under the Omnibus Plan.
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.