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$BIIB entered into treasury rate locks that were designated as cash flow hedges to hedge against changes in the 10-year and 30-year U.S. treasury interest rates during 3Q15. In association with the issuance of $BIIB's 4.05% and 5.20% senior notes, the company settled the treasury rate locks and realized an $8.5MM gain.
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.