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$UHS 2Q15 Q&A: Pachter of Wedbush Securities asked if conversion of residential beds to acute beds is driver of increase in Behavioral length of stay. Steve answered that increase is up because it includes UK facilities which clearly have a longer of length of stay. Still sees length of stay declining.
$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.