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Irving, Texas-based $CMC posted lower earnings in 3Q16, hurt by lower revenues compared to 3Q15. Net earnings attributable to CMC for 3Q16 were $19.3MM or $0.17 per diluted share versus $28.7MM or $0.25 per diluted share for 3Q15. Net sales decreased to $1.2Bil from $1.5Bil last year.
$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.