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$XOM 2Q15 Q&A: On a question asked by Good of Morningstar regarding cost savings internationally, Jeff answered that XOM is capturing cost savings across its global portfolio. On the cost side, ongoing structural improvements and additional market savings in the down cycle. Well positioned to capture the book on the cost and the capital side.
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.