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$MOH said it will fund the Total Care plan purchase with available cash. Total Care is a prepaid health services plan that provides health care coverage to about 39,000 members under the Medicaid and Child Health Plus programs in 3 upstate New York counties. The deal is expected to close in 3Q16.
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.