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$APD expects to complete the separation of its Materials Technologies segment via a spin-off into a standalone company to be distributed to shareholders by Sept. 2016. Total sales from Materials Technologies constituted about 21% of consolidated sales in FY15, 20% in FY14, and 18% in FY13.
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.