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$JPM said that in accordance with the terms of the outstanding warrants to purchase common stock of JPMorgan Chase (JPM/WS), the warrant exercise price will be reduced to $42.136 per share from $42.204 per share, effective as of the close of business on July 6, 2016. This resulted from the declaration of a quarterly dividend of $0.48 per share.
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.