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Facebook, Inc. (NASDAQ:FB) shares have comeback impressively following its disappointing stock performance after its May IPO, having risen by over 20 percent in June. But that resurgence may be over for now, with shares trading down $0.07 (0.23%) recently at $28.18.
Apple Inc. (NASDAQ:AAPL): A German court decided that Google’s (NASDAQ:GOOG) Motorola Xoom tablet does not infringe on Apple’s iPad patents, but additionally turned away a counterclaim made by Motorola that the iPad’s design patent is invalid, according to Dow Jones. The court determined that Apple must turn over two-thirds of costs and Motorola pay a third.
Microsoft Corporation (NASDAQ:MSFT): VMware has dropped on word that Paul Maritz, who has run the company’s emergence as an IT giant, will be replaced by EMC’s Pat Gelsinger. Prior to this word, GigaOm mentioned VMware has had numerous executives leave. One theory for this is that EMC is disturbed VMware has lost ground in virtualization to Microsoft and more as the company focuses more on complementary software. But The Register’s sources believe the shift is entirely about enhancing other businesses. Microsoft faults a technical glitch on its prevention in supplying users with a choice of Internet browsers, as it had promised. the company reports it will move to make the problem right following the EU beginning an inquiry into the delay, as it might encounter sanctions for what some might see as foot-dragging. Shares of Microsoft traded up $0.14 (0.48%) recently at $29.58.
Intel Corporation (NASDAQ:INTC) is anticipated to report Q2 earnings following the market close today, with a conference call planned for 5 p.m. ET. The consensus estimate is 52c for EPS and $13.56B for revenue, First Call reports. Intel’s Q2 revenue forecast is for $13.1-14.1B. Intel’s earnings report will demonstrate details regarding the health of the semiconductor market and throw some light on the quick drop-off in demand some are witnessing in the IT space. Analysts have been cutting back their expectations for Intel lately, as PC sales keep slowing. Shares traded up $0.18 (0.70%) recently at $25.31.
Don’t Miss: Microsoft’s Earnings SNEAK PEEK.
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