Want to join the conversation?
In FY15, $FLS spent $80MM of its $125MM realignment program. Company announced the expansion of the program, and expects about $270MM additional charges through 2017. Including 2015 amounts, the program is expected to reduce cost structure by about $215MM annually when complete. $FLS expects cost savings of $125MM in 2016 and $185MM in 2017.
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.