Microsoft Shares Rise; Outlook Eases Vista Concerns (Update4)
April 27 (Bloomberg) — Shares of Microsoft Corp. rose the
most in eight months after the world's biggest software maker
reported a 65 percent jump in third-quarter earnings and
forecast sales in the next year that may exceed analysts'
estimates. The stock advanced $1.28, or 4.4 percent, to $30.38 at
11:27 a.m. New York time in trading on the Nasdaq Stock Market.
The increase boosted the company's market value by about $12.6
billion to almost $300 billion.
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