Microsoft OS Release ANNOUNCED and 4 Tech Titans on the Move
Facebook, Inc. (NASDAQ:FB): CNBC reported on Facebook citing comments from Ruth Porat, CFO. Shares of Facebook traded down $0.11 (.038%) recently at $29.
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Apple Inc. (NASDAQ:AAPL): Samsung Electronics Co. (SSNLF) requested that a San Jose, CA federal judge limit comments by Apple’s lawyers regarding late founder Steve Jobs in a jury trial regarding mobile-device patents, according to Bloomberg. Apple shares traded up $8.06 (1.33%) recently at $614.32.
Google Inc. (NASDAQ:GOOG) is planned to turn in Q2 earnings following today’s market close, with a conference call planned for 4:30 p.m. ET. The consensus estimate is $10.04 for EPS and sales minus traffic acquisition costs is presumed to hit $8.41 billion, First Call reports. Google is planned to turn in double-digit advances in both revenue and earnings for Q2, its first period of results after its acquisition of Motorola Mobility. Due to this, the consensus estimates might not demonstrate actual results. Concern over this acquisition as well as about trends in Google’s core advertising business are behind shares being down around seven percent since the previous earnings report. Google shares traded up $12.30 (2.12%) recently at $593.06.
Microsoft Corporation (NASDAQ:MSFT) is presumed to be reporting Q4 earnings following today’s market close, with a conference call planned for 5:30 p.m. ET. The consensus estimate, minus the aQuantive charge and some other items, is planned to be 62c for EPS and $18.13 billion for revenue, First Call reports. Due to a flopped acquisition, Microsoft might see its first loss in its 26-year history as a public company. Microsoft shares traded up $0.22 (0.71%) recently at $30.67.
Intel Corporation (NASDAQ:INTC): Due to the earthquake in Japan last year and flooding in Thailand, global manufacturers are turning to Malaysia’s Penang Island and other locations as they grow operations and expand supply chains, the Wall Street Journal reports. Shares of Intel traded down $0.15 (0.57%) recently at $26.06.
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