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Industrial and construction fasteners maker $FAST reported a 7% decline in 3Q16 earnings due to higher cost and expenses despite higher sales. Net income slid to $126.9MM or $0.44 per share from $136.5MM or $0.47 per share last year. Net sales grew to $1.01Bil from $995.3MM.
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.