Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Scout Daily Update: Microsoft Corporation (MSFT) Reaches A New All-Time High


Microsoft Corporation (NASDAQ:MSFT): reported Q1 EPS of 76 cents which beat estimates 8 cents. Revenues were $22.3 billion which was an increase of 3.0% and beat estimates by $590 million. Productivity and Business Processes revenue increased 6%. Intelligent cloud revenues increased 8%. Within that segment Azure grew revenues by 116%.

Revenues in more personal computing declined 2%. CEO Satya Nadella stated “We are helping to lead a profound digital transformation for customers, infusing intelligence across all of our platforms and experiences. We continue to innovate, grow engagement, and build our total addressable market.”

Microsoft Corporation (NASDAQ:MSFT), Microsoft corporate offices, people, sign, building, logo

Northfoto /

Follow Microsoft Corp (NASDAQ:MSFT)
Trade (NASDAQ:MSFT) Now!

Honeywell International Inc. (NYSE:HON): reported Q3 adjusted EPS of $1.67 which missed estimates by 1 cent. GAAP EPS of $1.60 was in-line with estimates. Revenues of $9.8 billion were up 2% and beat estimates by $20 million. The business was hurt by weakness in aerospace in September. Q3 organic aerospace revenue fell 6% to $3.6 billion because of impact of sales incentives, weakness in business jets and commercial helicopters, and the competition of space and defense programs. It expects Q4 sales to fall 7%-9% due to weakness in business jets, defense and space areas.

Follow Honeywell International Inc (NYSE:HON)
Trade (NYSE:HON) Now!

Time Warner Inc (NYSE:TWX)/AT&T Inc. (NYSE:T): Time Warner stock is at a 15 year high because AT&T is in advanced talks to take the company over. The deal will be a mix of cash and stock. The mix of cash and stock will be important to whether the deal goes through.

Follow Warner Media Llc (NYSE:TWX)
Trade (NYSE:TWX) Now!

Follow At&t Inc. (NYSE:T)
Trade (NYSE:T) Now!

Reynolds American, Inc. (NYSE:RAI): British American Tobacco offered to buy the 58% in Reynolds American it doesn’t own for $47 billion cash and shares. British American Tobacco’s proposal is worth $56.50 or 20% above Reynolds’ closing price. British American Tobacco will pay $20 billion in cash and the rest in stock.

Follow Reynolds American Inc (NYSE:RAI)
Trade (NYSE:RAI) Now!


There was no economic news today. There also haven’t been any new polls that can tell us if the initial 3 tracking polls which show the election tied are correct. The big news is the AT&T purchase of Time Warner which is probably a bad move. Time Warner’s business is lumpy which adds risk to AT&T’s consistent business. It’s tough to say how this vertical integration provides much synergies. These bizarre deals are what tend to happen at market peaks.

Note: This article was originally published by Scout Finance. Scout Finance’s iPhone and iPad application provides the easiest way to monitor stock prices, read documents, create charts, access financial data, receive breaking alerts, and more for the companies you care about most. Download and try for free today:

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.