Greece’s Prime Minister Requests that European Union/International Monetary Fund Aid Package be Activated UK Economic Growth Slows to 0.2% in First Quarter, Less Than Economists’ Average Forecast of 0.4% Microsoft Corp Posts Better-than-Expected 35% Increase in Net Profit to USD 4.01B (USD 0.45 per Share) on Strong Windows 7 Sales German Business Confidence Index Climbs [...]
Microsoft Corp Signs Cross-License Patent Agreement with Amazon.com Inc, Allowing the Two to Share Technology in Several Areas Including Amazon’s Kindle Reader Germany’s Commerzbank AG Narrows Fourth-Quarter Net Loss to EUR 1.86B (USD 2.53B) from EUR 5.45B a Year Ago Continental AG, Europe’s Second-Biggest Auto Parts Maker, Widens 2009 Net Loss to EUR 1.65B from [...]
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A day after launching its long-awaited Windows 7 operating system, Microsoft Corp created quite a stir amongst investors after releasing its first quarter results yesterday. Microsoft, the world’s biggest software maker, stunned analysts by reporting a smaller than expected fall-off in profit to US$3.57B or US$0.40 per share, compared with US$4.37B or US$0.48 per share [...]
Fierce competition in the tech world has forced players to try and come up with new ideas to win over market share. This is exactly what the world’s biggest software provider has done. Yesterday, Microsoft Corp and Nokia Corp formed a strategic alliance which will see Microsoft Office applications become available on a variety of [...]
After months of speculation and behind-the-scenes clamoring, Microsoft Corp has finally gotten its wish. The technology giant has reached a 10-year agreement to partner with Yahoo! Inc as it goes up against the undisputed champion in the search engine business – Google inc. With this latest move, Microsoft will have exclusive access to the Internet’s [...]
Microsoft Corp Sales Fall for Second Consecutive Quarter, Dropping 17% to USD 13.1B for its Fourth Quarter Behind Forecasts of USD 14.4B UK Economy Shrinks by 0.8% in Second Quarter from Previous Quarter, More than Double Economists’ Forecast of a 0.3% Contraction South Korea Economy Grows by 2.3% in Second Quarter from Previous Three Months, [...]
UBS AG, US Gov’t Delay Tax Trial Seeking Names of 52k American Account Holders Suspected of Tax Evasion Lender, CIT Group Inc Warns its Demise Could Hurt Small Businesses, Manufacturers Needing Credit to Fuel Growth Four EU Countries, Turkey Finalize Deal to Build Nabucco Natural Gas Pipeline Japanese Brewing, Food Groups Kirin Holdings Co and [...]