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Energy company $WMB reported a loss in 1Q16, hurt by higher interest expense and a lower allocation of net income to the company associated with an IDR waiver from the termination of the Williams Partners merger agreement. $WMB's net loss was $65MM, or $0.09 per diluted share compared to net income of $70MM, or $0.09 per diluted share in 1Q15.
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.