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Independent energy company $NFX said it has priced an underwritten public offering of 30,000,000 shares of its common stock. The total gross proceeds of the offering is estimated to be about $700MM. $NFX expects to use the net proceeds for general corporate purposes.
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.