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$PGR's net cash provided by operating activities for 1Q16 increased to $824.5MM from $771.1MM in the previous year quarter. Net cash used in investing activities fell to $249.6MM from $696.4MM last year, while net cash used in financing activities grew to $589.5MM from $81.2MM in the prior year quarter.
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.