Thursday, April 26, 2007

U.S. Economy Probably Grew Last Quarter at Weakest Pace in Year on Housing

(Bloomberg) -- Shares of Microsoft Corp. rose after the world's biggest software maker said third-quarter earnings jumped 65 percent and forecast sales that may exceed analysts estimates for the next fiscal year.

The stock advanced as much as 5.2 percent to $30.60 in late trading yesterday after gaining 11 cents to $29.10 on the Nasdaq Stock Market.


Read more at Bloomberg Stocks News

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