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For 2015, $ALLE's effective tax rate plunged to 26.1% from 31.4% for 2014. The effective income tax rate was negatively impacted by $111.3MM or $115MM after-tax of charges related to the divestiture of Bocom, the divestiture of the Venezuelan business, and the devaluation of the Venezuelan bolivar.
$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.