Want to join the conversation?
The U.S. Census Bureau announced that new orders for manufactured durable goods in Nov. grew by $0.1Bil or virtually unchanged to $238.8Bil. This increase, up two successive months, followed a 2.9% Oct. increase. Excluding transportation, new orders fell 0.1%. Excluding defense, new orders decreased 1.5%.
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.