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$TEL said that 1Q16 sales of $2.8Bil were down 7% YoverY and down 1% in constant currency. This performance in the quarter was driven by strength in the Transportation segment and higher sales in SubCom. This along with tight cost control, more than offset Industrial segment being a little weaker than expected in the quarter.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.