Microsoft profit, revenue rise 11% to outpace estimates

Quotes & News:
11:40 am ET Oct 27, 2006

DJIA

12,150

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NASDAQ

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Microsoft profit, revenue rise 11% to outpace estimates

LOS ANGELES

Microsoft Corp. said late Thursday that its quarterly profit and revenue
both rose 11%, topping expectations, on continued strong demand for its
server software and a sharp jump in sales at the Xbox video-gaming
unit.
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China's ICBC bank shares rise 15% in Hong Kong debut

HONG KONG

Industrial & Commercial Bank of China came to the market, and investors
went to the bank. A look at first-day share trading for the world's
largest initial public offering.
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Net Sense: Social network and video toolkit vendors emerge

SAN FRANCISCO

Those who dig for gold rather than those who supply the picks and
shovels make the most money. That observation holds true if you just
take a look at MySpace and YouTube.