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Financial holding company $MS said in 2Q16, the company saw stability and progress in its core businesses with each performing roughly in line with expectations given the environment. The company made progress in fixed income and commodities generating approx. $1.3Bil in revenue, which was a significant increase from 1Q16.
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.