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Heating and ventilation systems maker $JCI said that it continues to see positive momentum with revenues up 9% in 2Q16 and strong orders secured at 7%. The company's backlog is up 2%, flat to 1Q16 and North American pipeline is up 8% driven by activity in healthcare and public transportation. North America HVAC businesses are strong YoverY.
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.