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$IRM 2Q15 Call: Adjusted OIBDA for the quarter was $223MM compared with $242MM in 2014, down 7.7% on a reported basis and 3.3% on a constant dollar basis. The constant dollar adjusted OIBDA decline was driven by investments in new product introductions for example in data management. We had a $4MM increase in bad debt expense.
$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.