(INDEXDJX:.DJI) lagged behind the other indices today, decreasing
0.30% to 14372.58. The
(INDEXSP:.INX) climbed 0.56% to 1,550.22, and the
(INDEXNASDAQ:.IXIC) rose 1.07% to 3,200.12, helped by earnings
No major economic reports were released today.
rose 2.75% to $787. Yesterday the Internet company reported a
first-quarter profit of $3.35 billion, or $9.94 per share, versus
$2.89 billion, or $8.75 per share, in the prior-year quarter.
Adjusted profit was $11.58 per share, beating analysts' projections
of $10.68 according to Bloomberg. Adjusted revenue was $11.01
billion compared to $8.14 billion in the prior year quarter.
Microsoft increased 3.09% to $29.68. The software and technology
company reported that its third-quarter net income increased 19%
year-over-year to $6.06 billion, or $0.72 per share, beating the
average analyst estimate of $0.68, according to Bloomberg. Revenue
increased 18% year-over-year to $20.5 billion.
) fell 3.73% to $13.43.
) has pulled out of bidding for Dell. CEO Michael Dell and Silver
Lake Partners remain the two active bidders.
) plunged 7.65% to $191.30. The technology company reported a
first-quarter net income of $3 billion, or $2.70 per share, versus
$3.8 billion, or $2.61 per share. Analysts expected net income of
$3.05, according to Bloomberg. Revenue declined 5% to $23.4
The company also announced today that it may cut up to 1,400 jobs
in France over the next two years.
(GILD) spiked 5.79% to $53.81. Gilead has hit a new 52-week high.
The biopharmaceutical company reached its previous 52-week high of
$52.01 on April 16.