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$SO and $GAS said an agreement has been reached that settles all contested issues in the New Jersey merger proceeding. The merger is still subject to final approval by the New Jersey Board of Public Utilities, the company said. The companies also confirmed that the merger remains on track for closing in the second half of 2016.
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.