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$WEN, known for its thick "Frosty" milkshakes, posted 2Q16 revenues of $382.7MM, compared to $489.5MM a year ago. The 21.8% decrease resulted primarily from the ownership of 361 fewer company-operated restaurants at the end of the quarter, $WEN said.
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.