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$JCI said the Adient spin-off remains on track for completion by the end of October. The company has determined that Adient will incorporate in Ireland, and reconfirms Adient's expected tax rate of 10-12%. Adient will host an analyst meeting on Sept. 15, 2016 in New York City as it continues to progress toward becoming an independent company.
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.