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$XRX 2Q15 PR: Income from continuing operations for quarter was $112MM compared to $261MM in 2Q14. On an adjusted basis, net income from continuing operations attributable to Xerox was $246MM, or $0.22 per diluted share. Total cost and expenses for the quarter were $4,516MM compared to $4,640MM in 2Q14.
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.