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$LNC said the annualized return on its alternative investments was nearly 6% in 2Q16, a significant improvement sequentially, however, still below the long-term avg. and targeted return of 10%. The sequential improvement was driven by better results from both $LNC's private equity investments and hedge funds.
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.