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$LOW, through a subsidiary, agreed to buy Rona's outstanding cumulative 5-year rate reset Series 6 class A preferred shares and cumulative floating rate series 7 class A preferred share for C$24 per share in cash. The BoD of Rona has unanimously approved and recommended preferred shareholders to vote in favor of the transaction.
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.