The world’s biggest software manufacturer, Microsoft Corp. (NASDAQ:MSFT) would invest $100.0 million in a new research center in Rio de Janeiro, Brazil. The investment would be around research and development, and other entrepreneurial plans.
This would be the fourth Microsoft Research Advanced Technology Laboratory constructed by the firm in Brazil (formerly started in Germany, Israel and Egypt). The lab would keep in the Bing search engine in addition to a business accelerator that would support 15 startups in the next 2 years. The startups would be supported from an investment fund, which is a completely acquired subsidiary of Microsoft Brazil.
Its competitors include Oracle Corporation (NASDAQ:ORCL) that slipped -0.23% to $30.35 with the total traded volume of 15.54 million shares and Google Inc (NASDAQ:GOOG) that increased +1.65% to $663.03 with the total traded volume of 3.11 million shares.
Other Technology stocks with bullish trend include Nokia Corporation (ADR) (NYSE:NOK) up 1.15% to $2.65, Research In Motion Limited (USA) (NASDAQ:RIMM) up +4.15% to $8.54 and QUALCOMM, Inc. (NASDAQ:QCOM) up +1.57% to $61.62, whereas with bearish trend include Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) down -0.65% to $12.18, Micron Technology, Inc. (NASDAQ:MU) down -1.23% to $5.62 and NVIDIA Corporation (NASDAQ:NVDA) down -3.86% to $12.19.
Microsoft Corporation (NASDAQ:MSFT) stock in last session held volume of 43.30 million shares as compare to its average volume of 52.66 million shares. The stock after opening at $28.88 hit high price of $29.19 and then closed at $28.83 by scoring +0.07%.
As the revenue measures MSFT generated revenue of 72.36 billion in the following twelve months income of $15.71 billion. The Company showed a positive +21.71% in the net profit margin and in addition to in its operating margin which remained +27.46%. Company’s annual sales growth for the past five year was 7.60%.
The stock showed weekly downbeat performance of -2.27% which was maintained for the month at -1.54%. Likewise the negative performance for the quarter was recorded as -4.85% and for the year was +9.08% while the YTD performance remained at +13.28%.
The MSFT past twelve months price to sales ratio was 3.35 and price to cash ratio remained 3.64. As far as the returns are concern, the MSFT return on equity was recorded as 24.50% and increased 18.23% return on investment while its return on asset stayed at 13.70%.