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$LVLT expects annual interest expense in 2016 of approx. $555MM. The company's net cash interest payments are expected to decrease to approx. $510MM in 2016 from $668MM in 2015 based on current interest rates on the company's debt outstanding as of March 31, 2016.
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.