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$VZ said that in 1Q16, consolidated headcount since the end of 2015 was down approx. 3%, as the company continues to increase the efficiency of its operations. The company said free cash flow for the quarter was $4Bil. AOL had its best first quarter revenues in the last five years, driven by growth in the platform layer.
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.