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$OI still expects 2016 EPS of $2.18-2.29 and adjusted EPS of $2.25-2.35, which affirms prior guidance. After deducting additions to property, plant and equipment of about $450MM, free cash flow for 2016 is expected to be about $300MM, which is consistent with prior guidance.
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.