Microsoft shares jump on forecast
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Microsoft Corp  lifted its full-year forecasts and posted 23 percent quarterly profit growth on Thursday, topping analysts' estimates on strong sales of "Halo 3" and Vista, and sending its shares up 11 percent.
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Microsoft Corp. (MSFT.O: Quote, Profile, Research) , the world&#39;s largest software maker, on Thursday said its quarterly profit climbed as sales rose, but the company&#39;s revenue forecast
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Microsoft  reported a rise in quarterly profit on Thursday, boosted by strong sales of its Windows operating system, and the company raised its full-year profit outlook, sending its shares up 4 percent.
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Microsoft Corp  lifted its full-year estimates on Thursday after posting a 23 percent rise in quarterly profit, helped by strong demand for "Halo 3" and computers running its operating system, sending its shares up 12 percent.
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Microsoft  signaled confidence  to a rattled stock market by raising its full-year earnings  outlook above Wall Street targets and reporting a 79 percent  rise in quarterly profit on Thursday.
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Research in Motion Ltd    shares rose more than 3 percent on Thursday on renewed  market speculation that Microsoft Corp  could be  interested in buying the BlackBerry maker.
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Microsoft  signaled confidence to a rattled stock market by raising its full-year earnings outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday.
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Microsoft  is expected to  report a sharp rise in quarterly profit this week, boosted by  surging revenue as strong computer sales drive demand for its  Windows operating system and Office software.
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Stocks rallied on Friday after Microsoft's upbeat outlook boosted the three major indexes and a profit forecast from lender Countrywide Financial buoyed the struggling financial sector.
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Microsoft Corp. forecast a rosy 2008 Â despite broader economic worries Â after it blew by Wall Street's expectations for a second consecutive quarter.
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Stock futures edged higher on Thursday, boosted by takeover news, but investors were cautious before economic data that could give clues on the outlook for interest rates.
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Stocks are expected to open higher on  Friday on upbeat comments by computer giant Microsoft Corp   and Web search leader Google , offsetting some  worries over the tech sector following weak Intel's   results.
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Stock index futures rose on Friday as strong earnings from Microsoft Corp and a speedy agreement on a U.S. economic stimulus package helped boost investor confidence.
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Microsoft Corp.'s quarterly earnings rose 11 percent over the comparable quarter last year, with strongest growth in sales of server software.
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Windows, Office software lead Microsoft to record stronger-than-expected sales, as online rival Google stumbles.
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Stocks rose on Friday after a higher profit forecast by Microsoft Corp.  lifted all three major indexes and an upbeat outlook by lender Countrywide Financial Corp.  stemmed fears of financial-sector losses.
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Microsoft Corp  posted a rise  in quarterly profit on Thursday, boosted by healthy demand for  personal computers loaded with its Windows operating system and  strong sales of its "Halo 3" video game.