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For CPUC capital, $EIX now forecasts that it will spend all authorized dollars for 2015 through 2017. For FERC capital, $EIX has continued the practice of reducing outlook expenditures by 12% to arrive at the range level of expenditures. $EIX expects long term CapEx to run at least $4Bil annually.
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.