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Spirits and wine making company $BF.A $BF.B said that against the backdrop of low economic conditions and FX that negatively impacted results, it delivered underlying net sales growth of 4% in 3Q16. Underlying net sales in the developed world were up 6% YTD, while the emerging markets experienced decelerating results.
$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.