Microsoft saw its shares fall 6% after it posted a fall in quarterly profits and earnings forecasts at the lower end of market expectations.
A day earlier the firm said profits fell 11% to $4.39bn (£2.22bn) in the first three months of the year.
Uncertainty about what will happen to the firm's $44.6bn-bid for Yahoo has added to market concerns.
Microsoft had given Yahoo until 26 April to respond but later implied it would wait a few days.
The deadline was due to expire on Saturday but by close of trade on Friday there had been no further statement from Microsoft.
http://news.bbc.co.uk/2/hi/business/7368343.stm
I wouldn't worry if I were Microsoft, the entire economy is going to hell in a handcart. They're just joining the masses. At least they did not have stake in any airline companies.
Saturday, April 26, 2008
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