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$WRI's recurring funds from operations for 1Q16 rose to $72.3MM or $0.57 per share from $65.4MM or $0.52 per share last year. This rise was primarily due to its acquisition, new development and redevelopment programs, increased operating income from existing portfolio and lower interest expense due to favorable refinancing transactions.
$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.