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Cosmetics direct seller $AVP said it has elected Jose Armario, retired as EVP, Worldwide Supply Chain, Development and Franchising at $MCD, to its BoD, effective Sept. 6. Armario will serve on the Compensation and Management Development Committee. The addition of Armario increases the size of $AVP's Board from 10 to 11 members.
$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.