| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
Microsoft Shares Up on Fourth Quarter Profit Rumors | |
|
||
| Time: 04:55 EST/09:55 GMT | News Source: Associated Press | Posted By: Alex Harris | ||
|
Microsoft Corp. shares rose almost 6 percent in heavy trade on Wednesday on a rumor that the company would pre-announce that it expects to beat its fourth-quarter forecast, analysts said. But the company declined to comment on the rumors circulating in the markets, saying it has not provided an update to its guidance since reporting results last quarter. Analysts said they expected Microsoft to beat its own forecast but not to pre-announce that result. Microsoft has a history of reporting higher numbers than expected because its guidance is conservative, they said. Microsoft shares closed at $55.54, up $2.97 on the Nasdaq, making it the third-largest net gainer for the day on Nasdaq. About 68 million shares were traded on the exchange, more than twice the average volume over the past 30 days. "I'm pretty comfortable they're doing better than the consensus forecast," said Robert Austrian of Banc of America Securities. | ||
|
Write Comment
Return to News |
Displaying 1 through 25 of 291 Last | Next |
The time now is
8:46:59 AM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 1 through 25 of 291 Last | Next |
The time now is
8:46:59 AM
ET.
Any comment problems? E-mail us |
