Microsoft NIXED Nokia as 4 HOT Stocks Battle a 142 Point Dow Downer

Duke Energy Corporation (NYSE:DUK): Duke Energy is considering the conditions federal regulators have imposed on its takeover of Progress Energy (NYSE:PGN). This positive development should help close the deal by the target of July 1. Friday, the FERC made room for the deal totaling $13.7B and added conditions, including one that requires periodic reports about the status of transmission upgrades.

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Nokia Corporation (NYSE:NOK): According to The Register, Microsoft (NASDAQ:MSFT) considered acquiring Nokia, but were unimpressed after gaining access to Nokia’s books resulting in the end of the possible acquisition.

General Electric Company (NYSE:GE): Sources indicate that GE may sell businesses in GE Capital’s consumer-finance portfolio. This could possibly decrease the loan portfolio of GE Capital by 16%. Investors are concerned because GE owns one of the largest banks in the U.S.

Microsoft Corporation (NASDAQ:MSFT): Following a meeting with Microsoft CFO Peter Klein, Morgan Stanley’s Adam Holt continues his bullish stance. Klein believes that the expanding Server & Tools division of Microsoft will benefit from a price leverage involving its Windows Server OS and SQL Server database, momentum regarding its Azure cloud app development platform, and constant demand for products like Dynamics business apps and Office 365. Microsoft also has a 15% free cash flow yield.

Ford Motor (NYSE:F): The Associated Press cites the China Association of Automobile Manufacturers in reporting that China’s May vehicle sales increased 16% to 1.61M. Total auto sales for January through May increased 1.7% to 8.02M units, and 1.28M passenger cars were sold in May making it the leader of sales.

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