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$LEG, which competes with $GPC and $FLXS, said EBIT and EBIT margins for 1Q16 were ahead of company's initial forecast, despite short-term demand softness in some of its residential end markets. The company said operating cash flow rose $79MM YoverY, driven by higher earnings and smaller increase in working capital.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.