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Bank of America analyst Steve Byrne questioned on $DOW's negotiation tactics with customer after the merger with $DD. CFO Howard Ungerleider said that the team is actively working on synergies, and other type of conversations will happen after the merger, which will be completed before the end of 2016.
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.