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$PCP FY15 10-K: On Dec. 15, 2014, PCP entered into a 364-day, $1Bil revolving credit facility maturing Dec. 2015. As of March 29, 2015, projected U.S. pension benefit obligation was $1,715MM and non-U.S. pension benefit obligation was $1,128MM. As of March 29, 2015, PCP had repurchased a total of 9,812,094 shares for an aggregate price of $2,186MM.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.