Want to join the conversation?
$CTL 2Q15 Q&A: Cusick of J.P. Morgan asked to update what's changing this year in CapEx reduction. Stewart answered that some of the projects that company is looking at falls in revenue enablment bucket. Probably about a third of cut is there and these are projects that are really more network-related giving extra capacity.
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.