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$VIA $VIAB expects adjusted EPS for 4Q16 of $0.65-0.70. This revision accounts for a programming impairment charge of $115MM in its filmed entertainment segment in 4Q related to expected performance of unreleased film. The company sees EPS of $0.55-0.60, primarily reflecting severance expenses incurred as result of settlement agreement.
$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.