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In 4Q15, media giant $TWX logged strong gains in two of its three major entertainment divisions, Turner and Home Box Office. Revenue from Turner grew 2% YoverY to $2.7Bil, while HBO rose 6% to $1.4Bil. Revenue from Warner Bros. declined 13% to $3.3Bil, mainly due to lower theatrical revenues.
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.