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Baltimore, Maryland-based $LM said that it has priced its underwritten public offering of $450MM of Senior Notes due 2026 at a price equal to 99.954% of par. The offering is expected to close on March 22, 2016, subject to the satisfaction of customary closing conditions.
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.