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$HAL's tax rate for the quarter came in a bit higher at 29% due to foreign currency hedging program gains. $HAL expect effecting tax rate to be approx. 26-27% for the fourth quarter. $HAL is reducing CapEx guidance by an additional $200MM to $2.4Bil for the year, representing a 27% YoverY decline given the decline in activity levels.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.