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$EMR 3Q15 Q&A: Wood of Macquarie Research asked how is power management sub business holding up in Network Power. Frank answered that company had big project wins last year at this point in time. Has strong presence in China which is unique in telco space in China and North America telco had really cut back in spending.
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.