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$JCP is accelerating the growth of Sephora brand. CEO Marvin Ellison said the company plans to open approx. 60 new Sephora locations inside JCPenney in 2016. In 2015, the company opened 28 new Sephora locations, bringing the total number of Sephora locations to 518 stores.
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.