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$STZ, a beverage alcohol company, plans to purchase San Diego-based Ballast Point Brewing & Spirits for approx. $1Bil & the acquisition is expected to be neutral to diluted earnings per share for FY16 & $0.05-0.06 per share for FY017 on a comparable basis. The transaction will be financed with cash & debt and is expected to close by 2015 year end.
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.