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$SNPS said that it has entered into accelerated share repurchase agreements (ASRs) with Wells Fargo Bank NA & $HSBC, to repurchase about $200MM of its stock. Under terms of ASRs, $SNPS will receive an aggregate initial share delivery of about 3.5MM shares, with the remainder to be settled on or before April 29, 2016, upon completion of the buyback.
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.