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Microsoft Up Modestly
Updated from Oct. 26
Strong sales of databases helped Microsoft (MSFT Quote) beat expectations on the top and bottom lines in its fiscal first quarter, but the company's second-quarter earnings will likely be on the light side.
In early Friday trading, Microsoft's stock rose 28 cents, or 1%, to $28.63.
The software giant said after Thursday's close that it earned $3.48 billion, or 35 cents a share, compared with $3.14 billion, or 29 cents a share (including a 2-cent legal charge) in the year-ago quarter. ...
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