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Oil and natural gas company $SWN reported a narrower quarterly loss, helped in part by lower expenses. The company posted 2Q16 loss of $620MM, or $1.61 per diluted share, compared with a loss of $815MM, or $2.13 per diluted share a year ago. Revenue fell 32% to $522MM.
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.