Wednesday, October 31, 2012

MSFT: One Tech Growth Pick You Can't Afford To Miss

One Tech Growth Pick You Can't Afford To Miss
by IncomeHunter

Microsoft (MSFT) is the world's biggest makers of PC operating systems and office programs, powering the vast majority of laptops and desktops. It has an annual revenue of nearly $70 billion and 11 products that earned at least $1 billion a year. read more »

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AMZN: Groupon (GRPN -7.8%) closes with big losses....

4:02 PM Groupon (GRPN -7.8%) closes with big losses. The Street is likely worried about the depressing performance of top rival LivingSocial, something that just forced 29% owner Amazon (AMZN -2.2%) to take a big write-down. In its Q3 10-Q, Amazon noted LivingSocial posted an operating loss of $69M in Q3 on revenue of $124M. Moreover, Amazon now gives LivingSocial a valuation of just $325M, 94% below the $5.7B valuation granted in a Dec. '11 funding round. Groupon, which reports on Nov. 8, is currently valued at $2.66B. (Read the comments on this)

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