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$PAYX's Payroll service revenue increased 5% for 1Q16. It benefited from increases in revenue per check and client base. In addition, 1Q16 had one additional payroll processing date compared to the same quarter last year. Revenue per check grew as a result of price increases net of discounting.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.