Nokia (NOK) started today with the news that it is cutting 10,000 jobs by the end of 2013 and increased its loss guidance for the second quarter. The stock is down to $2.34/share or about 16% on the news. Sadly, this has become a familiar story for Nokia over the last year or so, as [...]
MSFT – Microsoft Corporation
Microsoft Corporation develops, licenses, and supports a range of software products and services for various computing devices worldwide. Its products include Windows operating system, Microsoft Office Suite, internet media properties and portals, Xbox and more. It markets and distributes its products and services through original equipment manufacturers, distributors, and resellers, as well as through online. Microsoft was founded in 1975 and is headquartered in Redmond, Washington.