Microsoft Corp shares fell 3.5 percent on Friday as its better-than-expected profit was overshadowed by worries it is failing to cope with threats from hot areas like tablet computing.
Despite Verizon's announced intention to acquire Terremark for $1.4 billion, are down virtually across across the board amid violent uprisings in Middle East.
LinkedIn Corp, whose professional networking site has 90 million users, plans to raise up to $175 million in an initial public offering, according to a regulatory filing.
In the Android camp at CES 2011, it was Motorola Xoom which stole the show; however there were a few tablets in the Windows camp too, which sported super-heavy specifications that are capable of taking the might of Xoom and one such contender is ASUS Eee Slate EP121.
Concerns that roaring demand for tablets and smartphones like Apple's iPad and iPhone will leave Microsoft in the dust are simply overdone, Microsoft International's president told Reuters.
The companies which are expected to see active trade on Friday are: Microsoft, Amazon, Ford Motor, Chevron, Honeywell International, Dominion Resources and American Electric Power.
Microsoft Corp's quarterly profit fell slightly as the world's largest software maker was hit by slower-than expected growth in computer sales.
Microsoft Corp surprised Wall Street with a better-than-expected profit, but its shares stayed flat as investors expressed concern about the weakness of computer sales amid a faltering U.S. recovery.
Sales of Microsoft Corp's Windows software fell short of outsized expectations, rekindling fears that the spread of mobile gadgets will erode its main PC-focused business.
US stocks modestly rose in early trade on Thursday, following weaker-than-expected reports on initial jobless claims, durable goods orders and mixed corporate earnings.
Futures on major U.S. stock indices point to a modestly higher opening on Thursday ahead of economic data including durable goods orders and pending home sales as well as slew of earnings reports.
The companies which are expected to see active trade on Thursday are: Microsoft, Motorola, Procter & Gamble, Amazon, AT&T, Altria Group, Caterpillar, Colgate-Palmolive and Eli Lilly.
Plantronics celebrated its 50th anniversary by adding spunk to unified calling by launching its Voyager Pro UC Bluetooth headset just days after Jawbone released its first motion-controlled Bluetooth headset ERA
Microsoft Corp is set to report a dip in earnings on Thursday, a year after the launch of its Windows 7 operating system blew away Wall Street estimates, as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market.
Boeing Co. E.I. du Pont de Nemours and Co. drive Dow to highest point since June 2008.
Microsoft Corp sold more than 2 million units of its new Windows Phone 7 software to handset makers last quarter, a strong start for the new software launched in October, but still far behind Apple Inc's iPhone and Google Inc's Android system.
The unveiling is expected at this year's Mobile World Congress, scheduled for February 14-17 in Barcelona, Spain.
Dow hits 12,000 as U.S. stocks post moderate gains in mid-morning trading
Worldwide mobile application store revenue is projected to triple to more than $15.1 billion this year and reach $58 billion in three years, according to Gartner Inc.
Advertisers on the web are wary of the do Not track technology introduced to some web browsers.
A year ago, Microsoft Corp blew away Wall Street's earnings forecasts with blistering sales of its new Windows 7 operating system and trumpeted optimism about the recovery in tech spending.
Yahoo Inc warned that revenue will again slide this quarter as it bleeds traffic to Google and Facebook and as a much-touted search partnership with Microsoft Corp fails to deliver quick results.
