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$PKI finished 3Q15 with approx. $1Bil of debt and nearly $200MM of cash. Further, during the quarter, the company repurchased 1.5MM of shares for a total consideration of about $72MM. Furthermore, the company exited the quarter with a debt to adjusted EBITDA ratio of 2.3 times and a net debt to adjusted EBITDA ratio of 1.9 times.
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.