Thursday, April 24, 2008

Microsoft tops profit estimates, but sales fall short

Date: Thu, 24 Apr 2008 21:06:04 (GMT)

Microsoft tops profit estimates, but sales fall short

SAN FRANCISCO
Microsoft Corp. said Thursday its fiscal third-quarter profit generally
topped analysts' expectations, though sales came in lighter than
expected.

Market Snapshot: U.S. stocks close with gains after financials pave the
way up

U.S. stocks extend gains into a second session as insurer earnings top
estimates and brokerage Merrill Lynch & Co. says it will maintain its
dividend.

Ford's CEO stuns Wall Street and raises goodwill

In the face of flagging sales, soaring gasoline prices and an
increasingly cowed consumer, Ford threw down a first-quarter report card
that showed a profit. No one saw it coming.

Gasoline could hit $7, oil could double in four years, CIBC says

Surging crude prices, which could surpass $200 a barrel in four years on
tight supplies, could push gasoline prices to as high as $7 a gallon,
CIBC World Markets analysts say.

How a tiny startup may help amplify the Web

A skeletal device from Adaptrum is thrusting the tiny company into a
high-profile campaign alongside the likes of Google and Microsoft, while
drawing fire from the politically powerful broadcasting and
telecommunications industries.

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