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$IP 2Q15 Call: Successfully executed 11 major maintenance outages across entire enterprise. Solid performance continued at Ilim JV, delivering equity earnings to IP of $67MM in the quarter. The number three containerboard machine at Valliant facility is fully on line and ahead of schedule. Return on invested capital for 1H15 exceeded 10%.
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.