Microsoft Leads the Market Higher
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The stock market rebounded, with Microsoft shares rising to their highest level in six years after the companyâs profit exceeded Wall Street expectations.
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Microsoft said Thursday that its fiscal second-quarter earnings rose sharply, beating Wall Street estimates, amid strong demand for the company's server products and heavy holiday sales of its Halo 2 video game.
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The Australian sharemarket finished sharply higher today as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  driven by demand for the company's core software products from  businesses and higher sales of personal computers and servers.
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Microsoft said its fiscal second-quarter profit topped analystsâ expectations and climbed 79 percent, buoyed by rising sales of Windows-based personal computers.
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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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Strong sales of new and old products led Microsoft to its fastest-growing Q1 since 1999, the company reported today.
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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.
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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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Microsoft tops the charts as the industry's most innovative company, at least on paper.
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Microsoft said Thursday that its fiscal first-quarter earnings rose 11%, beating analysts' expectations, as the company benefited from stronger-than-expected computer and server shipments.
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Stocks finished higher on Friday after an increased profit forecast by Microsoft Corp. boosted all three major indexes, while an upbeat outlook by lender Countrywide Financial Corp. stemmed fears of financial-sector losses.
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Technology shares edged higher on   Monday, but the broader market was largely unchanged, with   gains in tech bellwethers such as Microsoft Corp. MSFT.O   offsetting a sell-off in mining and energy stocks as commodity   prices slid.
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NEW YORK - Finally, there is some good news for Microsoft in its struggle to gain a foothold in the living room. The third try is always the charm when Microsoft (nasdaq: MSFT - news - people ) takes a run at a new market.
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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.
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BREAKING NEWS - In early numbers from Microsoft prior to its quarterly financial results call to analysts this afternoon, the company reported revenue gains of 27% annually to $13.76 billion, and net income nicely higher by 23% annually to $4.29 billion, in what the company is calling its fastest first quarter of growth since 1999.
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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.