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$SNH said that 2Q16 same-store property expenses fell $897,000 mainly due to controlling costs in its managed senior living communities, while continuing to provide high-quality services to its residents. This was partially offset by increases in OpEx at the company's MOBs, particularly real estate taxes, which are largely recoverable from tenants.
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.