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Payments technology company $V posted 2Q16 GAAP net income, inclusive of a non-recurring, non-operating gain related to currency forward contracts, of $1.7Bil, or $0.71 per share vs. $1.5Bil or $0.63 per diluted share in 2Q15. Net operating revenue rose 6% to $3.6Bil driven by continued growth in processed transactions and nominal payments volume.
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.