Want to join the conversation?
$STI 2Q15 Call – William, CEO: Adjusted expenses were down 2% from prior year driven by lower operating losses & RidgeWorth sale & lower operating losses. Sequentially, adjusted expenses increased 3%, a strong overall performance, higher client activity levels & typical seasonal patterns generated increases & certain variable expense categories.
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.