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) on Thursday posted higher quarterly earnings as revenue rose 12 percent, but its shares fell after the world&#39;s
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Microsoft Corp. said Thursday its fiscal second-quarter earnings more than doubled, beating Wall Street estimates with strong sales of server software and its Halo 2 video game.
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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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U.S. stocks jumped on Friday as higher-than-expected results from software maker Oracle Corp  and a share buyback from Texas Instruments Inc  boosted technology shares.
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Technology stocks looked set to rise on Wall Street on Friday following Microsoft's  earnings after Thursday's bell, while concern about earnings and the economic outlook would likely weigh on blue chips.
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Citing continued strength in the PC and server markets, Microsoft on Thursday reported earnings that beat Wall Street expectations and a 12 percent increase in revenue for the first quarter of its 2005 fiscal year.
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Microsoft Corp.  said it expects  sales of its Windows Mobile program in the Asia-Pacific region  to jump by over 75 percent in the business year to June, helped  by closer ties with wireless carriers and device makers.
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Shares in Swiss-based computer  peripherals maker Logitech International SA  rose over  12 percent on Thursday amid speculation Microsoft Corp   would launch a takeover bid, traders said.
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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 gained on Friday after a higher profit forecast by Microsoft Corp. , while an upbeat outlook by lender Countrywide Financial Corp.  eased fears about financial-sector losses.
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Stocks edged higher on Tuesday as news of planned mergers and acquisitions underpinned optimism about the equities outlook after the long weekend.
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U.S. stocks rose on Thursday, helped  by technology shares Microsoft Corp. MSFT.O, which touched a  2 1/2 year high, and Intel Corp. INTC.O as well as a  resumption of falling oil prices.
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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. said its fiscal first-quarter earnings rose 11 percent, beating analysts&#39; expectations, as the company benefited from stronger-than-expected computer and server shipments.
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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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US stocks powered higher Friday as a blockbuster Microsoft bid for Yahoo helped Wall Street shake off a shock report showing the first decline in jobs for the US economy in over four years.