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$SWN 1Q15 10-Q: Recognized expense of $6MM & capitalized $5MM for stock-based compensation vs. $4MM expense & $5MM capitalized in 1Q14. At March 31, 2015, SWN have a long-term issuer credit rating of BBB- by S&P and have a long-term debt rating of Baa3 by Moody’s. SWN had negative working capital of $57MM at 1Q15-end vs. $4.3Bil at 4Q14-end.
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.