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For FY16, $GIS expects constant-currency net sales to fall at a low single-digit rate from FY15 levels and segment operating profit is expected to be flat to last year's levels. Adjusted diluted EPS is expected to grow at a low single-digit rate from the base of $2.86 in FY15. $GIS expects an $0.08 headwind from currency translation in FY16.
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.