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$PFG 2Q15 Call: For the quarter total Company’s net income was $241MM including realized capital losses of $83MM. Our credit losses of $2MM are significantly better than our pricing assumptions. Realized capital losses were predominantly related to hedging activities associated with longer duration full service payout & individual annuity products.
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.