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$MA's effective income tax rates were 27.7% and 28.5% for the three months ended Sept. 30, 2015 and 2014, respectively. The effective tax rate for 3Q15 was lower than the comparable period in 2014, due to a larger repatriation benefit and a more favorable mix of taxable earnings, offset by a reduction in discrete benefits.
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.