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For 2016, $FTI expects Subsea service orders to remain fairly resilient with modest declines driven by the level of installation work. $FTI expects a lower level of order activity for smaller projects in 2016. These projects typically have lower cash outlays and can provide operators with a relatively quick payback.
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.