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Copper and gold producer $FCX posted narrower 2Q16 loss helped by net gains on the sales of assets. Net loss attributable to common stock narrowed to $479MM or $0.23 per share from $1,851MM or $1.78 per share a year ago. Revenue fell 15.33% to $3.34Bil from $3.93Bil.
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.