This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, July 19. |
Markets finished up today. |
|
Direction |
Change |
Units |
Last |
Time |
|
|
Dow |
Up |
35 |
points |
12,943 |
1:39 PM |
|
|
S&P500 |
Up |
0.27% |
percent |
1,377 |
|
|
|
Nasdaq Composite |
Up |
0.79% |
percent |
2,966 |
|
|
|
30 Year Treasury |
Up |
3.40 |
basis points |
2.61 |
|
|
|
Microsoft Corp.had a fiscal fourth-quarter loss as the software giant booked a hefty write-down in its online services division and deferred revenue related to its Windows 8 upgrade promotion. Microsoft’s strength in sales of Office helped cushion the company from the impact of slumping personal computer sales. The company earlier this week gave a preview of its new Office software that embraces cloud computing and mobile devices. Revenue was up 4% to $18.06 billion in line with estimates. Microsoft shares are up 1.9% to $31.24 in after hours trading. |
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Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. |
http://www.marketwatch.com/story/microsoft-swings-to-loss-on-write-down-2012-07-19-164852524?link=MW_Nav_FP |
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For today’s Closing Market Report click to listen-> |
https://beaconrwa.com/audio/Closing-Market-Report.mp3 |
Short Link> |
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