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Personal navigation devices maker $GRMN reported a rise in 1Q16 earnings driven by lower foreign currency losses. Net income rose to $88.09MM or $0.46 per share from $66.79MM or $0.35 per share last year. Net sales grew to $624.04MM from $585.39MM. Pro forma EPS decreased to $0.49 from $0.55.
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.