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$SHW said that net sales grew 2.8% in 2Q16, aided by higher paint sales volume in Paint Stores Group. Unfavorable currency translation decreased net sales by 1.5%. Positive demand momentum in some of the industrial coatings businesses, primarily in Europe and U.S. and easing of currency headwinds in Latin America are cited as bright spots for 2Q16.
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.