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$OLN said the cash component of these charges includes employee related costs and contract terminations associated with the Henderson, Nevada facility. $OLN will close its chlor alkali plant in Henderson, Nevada and reconfigure the facility to manufacture bleach and distribute caustic soda and hydrochloric acid.
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.