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$XYL 2Q15 Call: Organic revenue growth was 1%, generated growth of 3% in Applied Water segment, including double digit increases in China & Latin America as well as continued strength in US commercial building sector. Water Infrastructure segment was flat, due to decline in dewatering services business, which serves US & Canadian oil & gas market.
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.