Yahoo! Inc. (NASDAQ:YHOO) is up 3.56%
to $16.04. The company said that its
third-quarter profit nearly doubled as display advertising revenue grew 17
percent. Net income climbed to $396.1 million or 29 cents a share, from $186.1
million, or 13 cents a share, in the year-earlier quarter.
Analysts,
on average, expected the company to report earnings of 15 cents per share on
revenue of $1.13 billion.
Shares of Microsoft
Corporation (NASDAQ:MSFT) added 0.12% to $25.13. The chief software
architect Ray Ozzie is stepping down but will remain with the company “as he
transitions the teams and ongoing strategic projects within his organization.”
The role of chief software architect will not be refilled.
The stock opened at $25.25 and is trading within the range of $22.73-$31.58.
The average daily volume of the stock is 60.43 million shares.
International
Business Machines Corp. (NYSE:IBM) went up 0.31% to $138.46. The
company said its third-quarter net income jumped to $3.6 billion or $2.82 a
share, from $3.2 billion, or $2.40 a share in the same period last year.
Revenue rose 3% to $24.3 billion.
The
stock has a 52-week range of $116-$143.03.
Dell Inc. (NASDAQ:DELL) jumped 1.04%
to $14.64. Dell Inc. is a holding company, which conducts its business
globally, through its subsidiaries. It offers a range of product categories,
including mobility products, desktop personal computers (PCs), software and
peripherals, servers and networking, and storage.
The
stock went down more than 1% year-to-date.
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