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$MCO 2015 Q&A: Peter of Piper Jaffray asked whether the $30MM cost increase between 2Q and 4Q implies 4Q cost would be roughly flat YoverY, and Linda stated MCO doesn't likes to get into quarter-by-quarter activity, but it's fair to say that those assumptions are correct. We’re keeping a very close eye on expenses for the rest of 2015, she added.
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.