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Telecom service company $TDS reported a 21% growth in 2Q16 earnings driven by higher revenues as well as lower operating expenses. Net income rose to $28MM or $0.25 per share from $23MM or $0.21 per share last year. Operating revenues rose 1% to $1.28Bil.
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.