Movers: Microsoft, Capital One, eBay, MBIA, Nucor, Qualcomm
Thursday's stocks in the news
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After the market closed, Microsoft (MSFT) reported fiscal second quarter net profit rose to $4.7 billion, or 50 cents per share, from $2.6 billion, or 26 cents per share, a year ago. Revenue rose 30% to $16.37 billion. That beat analysts forecasts of 46 cents for EPS on revenue of $15.94 billion.
Capital One Financial (COF) posts fourth quarter EPS from continuing operations of $0.85, vs. $1.17 a year ago, from continuing operations, in-line with preannouncement. It says total managed revenue was up 5.7% sequentially, driven largely by revenue margin expansion, seasonal loan growth in its U.S. Card portfolio. It sees 2008 revenue growth to be in the low-single digits. S&P keeps hold.