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$HAL said that it anticipates 3Q16 revenue in North America will outperform the rig count by several hundred basis points and that margins will improve by 100-200 BPs as a result of its cost control initiatives and better utilization. Latin America is expected to remain the company's most challenged region throughout the international downcycle.
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.