Microsoft Earnings Send Stock Soaring
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Microsoft reported surprising strong quarterly sales and profit growth, well ahead of Wall Streetâs expectations, which sent its stock up 12 percent in after-hours trading.
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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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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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U.S. stocks rose on Wednesday, with   the Nasdaq rallying more than 1 percent, after solid earnings   reports from software maker Oracle Corp. ORCL.O and   investment bank Morgan Stanley. MS.N
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Microsoft Corp. MSFT.O, the world's  largest software maker, on Thursday said its quarterly profit  climbed as sales rose, but the company's revenue forecast for  the current quarter fell below Wall Street estimates.
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U.S. stocks gained on Friday as stronger-than-expected results from software maker Oracle Corp  and Nike Inc  brightened the profit outlook.
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The software company's stock rises on improved second-quarter numbers.
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Amid strong PC demand from consumers and businesses, Microsoft reported on Thursday quarterly revenue and earnings that topped the company&#39;s earlier expectations.
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The software company beat Wall Streetâs projections as it claimed substantial gains over its rivals, SAP and I.B.M.
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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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Windows, Office software lead Microsoft to record stronger-than-expected sales, as online rival Google stumbles.
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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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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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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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U.S. stocks rose sharply on Thursday as large-cap companies such as IBM  and Honeywell International Inc.  reported earnings that beat forecasts, shifting investors' focus back to corporate profits and away from subprime credit worries.
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Microsoft Corp.&#39;s quarterly earnings rose 11 percent over the comparable quarter last year, but projections for the current quarter were mixed.
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Microsoft posted a rise in quarterly profit Thursday, boosted by healthy demand for personal computers loaded with its Windows operating system and strong sales of its "Halo 3" video game.