Stock In News - Microsoft Corporation (MSFT), Facebook Inc (NASDAQ:FB), NYSE:AIG, NYSE:CAT
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Microsoft Corporation (NASDAQ:MSFT) reported its superlative quarter in history in terms of revenue, carrying in nearly $21.46 billion, however that figure was to some extent under the average analyst estimate of $21.53 billion. In the meantime, net income was $6.4 billion ($0.76 per diluted share); a minor beat over the $0.75 the market anticipated.
The quarter's revenue figure signified an approximately 3% upgrading over 2nd quarter 2012, though the bottom-line number fell by nearly 4% in the same time frame.
In the last trading session, Microsoft Corporation (NASDAQ:MSFT) jumped +0.11% and closed at $27.91 with the overall traded volume of 56.05 million shares. MSFT has market cap of 233.79 billion.
Facebook Inc (NASDAQ:FB) reported that its users in United Arab Emirates increased to more than half a million during the past six months, though survey also discovered that many of them might leave using the social networking site, according to zawya.com.
In the last trading session, Facebook Inc (NASDAQ:FB) reported the gain of +2.95% to close at $32.47 and its total traded volume was 59.56 million shares. FB has earnings per share of $0.11 and its price to earnings ratio ended at 301.81.
American International Group, Inc. (NYSE:AIG) shares went up after it declared that it has signed 10-year bancassurance agreements with HSBC Group companies under which AIG will turn out to be the exclusive provider of non-life insurance products to HSBC Group customers in Turkey and France, as well as in other countries. AIG supposes to pay a total deliberation of almost US $55 million for the exclusive delivery access in Turkey and France, and anticipates launching the corporations in the first half of 2013.
American International Group, Inc. (NYSE:AIG) climbed +1.63% to close at $37.30 in the last trading session and its total traded volume was 22.22 million shares.
Caterpillar Inc. (NYSE:CAT) recently reported that its fourth-quarter profit dropped 55 percent, primarily due to a $580 million write-down of an acquisition in China, said it anticipates sluggish worldwide economic progress this year, with some cheerful spots in North America and China.
In the last trading session, Caterpillar Inc. (NYSE:CAT) gained +1.96% and closed at $97.45 with the overall traded volume of 15.99 million shares more than the average volume of 6.00 million.
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