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Financial services company $PNC said its loan loss provision increased to $152MM in 1Q16. This increase primarily related to reserves for oil and gas and coal exposure. $PC grew loans and deposits on a spot basis in 1Q16. Non-interest expenses were down about 5% due to seasonally lower business activity and focus on expense management.
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.