The Nasdaq fell on Friday, halting a 12-day run-up, following Microsoft Corp's disappointing quarterly results, but gains in pharmaceutical and energy shares lifted the Dow and the S&P 500 to fresh 8-month closing highs.
Microsoft sought on Friday to end a long-running dispute with EU antitrust regulators as it offered to let users choose their own browser and to provide more interoperability information to third parties.
Microsoft's 'Laptop Hunters' ad campaigns change after Apple lawyers complain about the inaccuracy of the ads claiming they had already lowered its computer price.
The Nasdaq fell on Friday, halting a 12-day run-up, following Microsoft Corp's disappointing quarterly results, but gains in pharmaceutical and energy shares lifted the Dow and the S&P 500 to fresh 8-month closing highs.
Microsoft has offered to let users choose their own browser and provide more interoperability information to third parties in a bid to resolve two antitrust cases, EU regulators said on Friday.
The Nasdaq fell on Friday following Microsoft Corp's disappointing quarterly results, but gains in pharmaceutical and energy shares held the Dow and the S&P 500 near break-even.
Stocks fell on Friday, pressured by disappointing quarterly results in the tech sector and weak consumer sentiment data.
Stocks fell on Friday as bellwether Microsoft declined on disappointing results, a day after a rally took the Dow industrials above the key 9,000 mark.
On Thursday, Microsoft Corp. released poor fourth-quarter earnings blaming the global economic downturn and a slumping PC market.
U.S. stocks fell on Friday as bellwethers Microsoft and American Express declined on disappointing results, a day after a rally took the Dow industrials above the key 9,000 mark.
U.S. stocks fell on Friday as disappointing results from Microsoft and American Express curbed sentiment a day after a rally took the Dow industrials above the key 9,000 mark.
Stock index futures pointed to a lower open on Friday as disappointing results from Microsoft Corp and American Express Co curbed sentiment a day after a rally took the Dow industrials above the key 9,000 mark.
Stock index futures pointed to a mixed open on Friday as disappointing results from Microsoft Corp and Amazon.com Inc curbed sentiment a day after a rally took the Dow industrials above the key 9,000 mark.
Stock index futures rose slightly on Friday despite disappointing results from Microsoft Corp and Amazon.com Inc , a day after a rally took the Dow industrials above 9,000.
The tech sector's road to recovery just got a lot bumpier.
Microsoft Corp posted the first-ever drop in annual sales of Windows and its quarterly revenue fell a steeper-than-expected 17 percent as its business continued to be hurt by the weak global PC and server markets.
Corrects Microsoft's profit excluding items to 36 cents per share from 38 cents per share in first bullet point and paragraph 7
Microsoft Corp's quarterly revenue fell a steeper-than-expected 17 percent and annual sales of Windows fell for the first time ever, as its business continued to be hurt by the weak global PC and server markets.
U.S. stocks surged on Thursday, driving the Dow industrials above the key 9,000 mark for the first time since January, as strong corporate profits and rebounding home sales spurred optimism about the economy.
Home sales jump, Dow Breaks 9,000, Ford Turns Profit
Microsoft released fourth-quarter earnings on Thursday which missed Wall Street estimates and reported its first decline in full-year revenue in the company's 34-year history. For the quarter ended June 30, the software giant reported earnings of $3.05 billion, or 34 cents a share, down from $4.3 billion, or 46 cents a share, a year earlier