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Food and meat products maker $HRL reported higher net earnings for 1Q16 helped by four of its five segments posting earnings growth. $HRL said net earnings rose significantly by 25% to $235.1MM, or $0.43 per share compared to $172.43MM or $0.32 per share a year ago. Revenue fell 4.3% to $2.292Bil on volume declines of 3%.
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.