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$SXI's sales from Food Service Equipment for 4Q16 slid 9%, on continued softness in Refrigeration. Engraving sales rose 3.2% on 7.7% organic growth. Engineering Technologies sales fell 8.7%, on lower demand in oil and gas markets. Electronics Products sales rose 11% on purchase of Northlake, and Hydraulics Products grew 15.3%.
$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.