Category Archives: Business

Feed Subscription

Microsoft's cloud business continues to offset weaker operations – VentureBeat

Microsoft's cloud business continues to offset weaker operations – VentureBeat

Microsoft’s share price has more than doubled since Satya Nadella was named CEO in February 2014. Building on an enterprise business established by his predecessor Steve Ballmer, Nadella has pushed Microsoft away from its proprietary, on-premise software into a “mobile-first, cloud-first” vision, embracing different platforms as well as growing markets ...

Read More »

Exxon Mobil must pay $2 million fine – Press Herald

Exxon Mobil must pay $2 million fine – Press Herald

WASHINGTON — Exxon Mobil Corp. must pay a $2 million fine for showing “reckless disregard” for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s CEO, the Treasury Department said Thursday. Exxon sued the U.S. government to stop the fine. Treasury said that Exxon violated ...

Read More »

Microsoft profit beats expectations on strong cloud demand – Reuters

(Reuters) – Microsoft Corp (MSFT.O) reported better-than-expected quarterly profit and revenue on Thursday, helped by strong performance in its fast-growing cloud business. Shares of the world’s largest software company rose as much as 1.5 percent in after-hours trading, after touching a record high of $74.30 during the regular session. Microsoft ...

Read More »

Microsoft delivers big earnings beat – CNBC

Microsoft delivers big earnings beat – CNBC

Microsoft stock rose slightly after the company reported its earnings for the fourth quarter of its 2017 fiscal year, which ended on June 30. The company beat analysts’ estimates on earnings per share and revenue. The company’s call with financial analysts begins at 5:30 p.m. Eastern time. EPS: Excluding certain ...

Read More »
Scroll To Top