Dallas 8/9/2010 9:44:37 PM
News / Business

Most Active Share Volumes (NASDAQ:MSFT, INTC, CMCSA)

Most Active Share

 

Settling of patent infringement case with Salesforce.com

 

On August 04, 2010, Microsoft Corporation (NASDAQ:MSFT) announced settling of patent infringement cases with Salesforce.com. Salesforce.com will compensate Microsoft based on its patent portfolio in areas including operating systems, cloud services and customer relationship management software.

 

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Microsoft, which operates through five business segments, is engaged in various software products and services for different types of computing devices. Its five business segments include Client, Server and Tools, Online Services Business, Microsoft Business Division and Entertainment & Devices Division. It also provides consulting and product & solution support services. It has a market capitalization of about $221.10 billion.

MSFT gained a marginal 0.39% in pre-market trading. The stock closed at $25.55 on August 06th 2010, up by about 0.71% on a volume of 55.98 million shares. Its daily average volume stands at 71.77 million shares. MSFT reached an intraday high of $25.56 and it has a 52-week trading range of $22.73 - $31.58.

 

Joint Venture (JV) with GE a positive news for Intel

 

On August 02, 2010, Intel Corporation (NASDAQ:INTC) announced a 50:50 JV with GE to create a new healthcare company dealing with telehealth and independent living. The new company will include assets of GE Healthcare's Home Health division and Intel's Digital Health Group. The JV is expected to close by year end.

 

Intel is engaged in developing digital technology products like integrated circuits. The company designs and manufactures various components including microprocessors, chipsets, motherboards, and wireless & wired connectivity products. It caters to computing & communications industries and operates through nine business segments like PC Client Group, Data Center Group, Embedded and Communications Group, Digital Home Group, Ultra-Mobility Group, NAND Solutions Group, Wind River Software Group, Software and Services Group and Digital Health Group networks. On August 04, 2010, Intel reached a tentative settlement with the FTC which had sued the company for violating Section 5 of the FTC Act. Its market capitalization stands at $114.98 billion.

 

INTC gained nearly 1.02% in pre-market trading. The stock closed at $20.65 on August 06th 2010, down marginally by 0.1% on a volume of 50.83 million shares. Its daily average volume stands at 73.14 million shares. INTC reached an intraday high of $20.81 and it has a 52-week trading range of $18.31 - $24.4.

 

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Comcast reports Q2 2010 results; repurchases 17.3 million common shares

 

On July 28, 2010, Comcast Corporation (NASDAQ:CMCSA) reported Q2 2010 financial results. Revenue and operating income both increased by 6.1% and 10.9% YoY due to robust performance of Cable and Programming segments offset to some extent by $22 million of NBC Universal-related transaction costs.

 

Comcast is engaged in providing entertainment, information and communication products & services. It manages and operates cable systems and delivers programming content. The company owns majority shares in Comcast-Spectacor. During Q2 2010, Comcast repurchased 17.3 million of its common shares for $300 million. It has repurchased 36.4 million shares for $600 million YTD. Its market capitalization stands at $52.31 billion.

 

No Pre-Market trades have been reported for this security. The stock closed at $18.64 on August 06th 2010, down by 1.58% on a volume of 43.67 million shares. Its daily average volume stands at 26.49 million shares. CMCSA reached an intraday high of $18.76 and it has a 52-week trading range of $13.95 - $20.56

 

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