Microsoft posts weaker quarter amid turnaround efforts
Microsoft reported a 6 percent revenue drop to 20.5 billion and a 25 percent profit decline to 3.76 billion for the January-March quarter. Surface sales rose 56 percent to 1.1 billion and Bing ads grew 55 percent to 1.5 billion, but Windows licenses fell 2 percent and Intelligent Cloud profit declined 14 percent.
MENTIONED IN THIS ARTICLE
San Francisco
Microsoft
Wall Street
Satya Nadella
IBM
Intel
Nadella
Gartner Research
Bing
Google
Apple
FactSet
Microsoft Corp
Mark Moerdler
Bernstein Research
Sears to close 78 stores this summer
Sears Holdings plans to shutter 78 stores this summer including 68 Kmart units and 10 Sears locations. Nearly 5 percent of its 1,700-store base will close, with all 10 Sears and most Kmart stores closing in late July and two Kmart stores in mid‑September.
MENTIONED IN THIS ARTICLE
New York
Sears Holdings Corp
Kmart
Sears
Hoffman Estates
Illinois
Sears Holdings
Home Depot
Wal-Mart
Amazon.com
Obama presses for global trade deals in Germany visit
President Obama defended international trade pacts as boosting U S economy and competitiveness while acknowledging a slow moving agenda. He promoted a potential U S European Union trans Atlantic pact and said progress could return after the 2016 race, with a separate Asia Pacific trade deal awaiting ratification.
MENTIONED IN THIS ARTICLE
Hannover
Germany
Barack Obama
U.S
Obama
Europe
United States
Congress
BBC
Rodriguez Firm Expands with Chestnut Grove Apartments 2015
The Rodriguez family business reports a new project in 2015, erecting Chestnut Grove Apartments to increase rental housing. The development adds significant living accommodations to the local community and reflects ongoing property investments by the company.
MENTIONED IN THIS ARTICLE
D&r Rentals
Rod
Debbie Rodriguez
Mt. Carmel
Rodriguez
9Th Street
Walnut Street
Chestnut Grove
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Marcus Smith
the Register
Wayne Walden
Rudy Witsman
Air Evac
R'z Cafe
Wabash County
Fort Branch
Indiana
D&r
Debbie
Rod & Debbie
Chamber of Commerce
WVC
Oa MorSat
Zion Lutheran
Kylindi
WVC International
Maple Hill
Hope Fellowship
Wabash General Hospital
Vre Yyy Remy
College Oriest Our Weber
Shor
St. Carmel, Illinois
WVC Foundation
The
Birds Workshop
Cail
Ngham
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