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$COST said that IT monetization efforts negatively impacted SG&A expenses in 3Q16 on an incremental YoverY basis by about $16MM, which is about 5 BP or $0.02 a share to SG&A. The company said that it recorded a pretax LIFO credit of $13MM in the quarter.
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.