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$FE's revenue for 1Q16 decreased by $28MM or 1% from last year. The decline was due to a 7MM MWHs decline in contract sales as the CES segment continues to align its sales to its generation and lower volumes at Regulated Distribution on lower weather-related usage and impact of low spot market energy prices on wholesale generation sales.
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.