Want to join the conversation?
International auction house $BID said it experienced a significant loss in 1Q16, hurt by slower market growth, with a 35% decrease in net auction sales during the quarter vs. exceptionally strong 1Q15. The results were also hurt by the normal pattern of quarterly seasonality.
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.