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Beverage alcohol company $STZ reported an increase in net income to $243MM or $1.19 per share in 4Q16 versus $215MM or $1.06 per share in 4Q15 helped by higher operating income. Net sales grew 14% to $1.54Bil from 4Q15, reflecting organic net sales growth on a constant currency basis of 10% and acquisition benefits from Meiomi and Ballast Point.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.