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Los Angelas, CA -- (SBWIRE) -- 10/11/2012 -- Microsoft Corpora (NasdaqNM:MSFT) is very active today and traded between $28.95 - 29.31 with total traded volume of 47227080 shares. At a current price of 28.98, MSFT is -0.30 - -1.02% from the previous close of $29.28. Moreover, At Current Market Price, MSFT is in distance of -4.87% from its 50-day Moving Average price of $30.4646 and -4.66% from its 200-day Moving Average price of $30.3955. Microsoft Corporation (NASDAQ:MSFT) continues to move forward with its version of Microsoft Office 2013 to Android tablets and Apple’s iPad family. Now, The Czech tech news site, IHNED, claims that Microsoft product manager Petr Bobek stated that Microsoft intends to launch native iOS and Android versions of Office 2013 during Q1 of 2013. Bobek, who is currently a Microsoft Office portfolio manager in the Czech Republic, stated that the new versions of Office are to be offered to larger companies and Microsoft partners during December 2012. Small-office/home-office (SOHO) and household users will be forced to be patient until at least February, and the online version of Office 365 edition for mobile devices and tablets will be available during March 2013.
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Wal-Mart Stores, (NYSE:WMT) is +1.28 - +1.73% from the previous close of $74.14. It traded between $74.64 - 76.81 with total traded volume of 19365360 shares. At Current Market Price, WMT is in distance of +2.15% from its 50-day Moving Average price of $73.8308 and +10.53% from its 200-day Moving Average price of $68.2358. Wal-Mart Stores, Inc.(NYSE:WMT) shares climbed 2.77% to $76.19 in the early hour after the company’s President and CEO Mike Duke said the retailer’s business momentum is building strength and delivering financial results in its operations around the world. At Walmart’s 19th Annual Meeting for the Investment Community, Duke highlighted the company’s progress with the productivity loop and leveraging expenses, and said it has a lot of “open road ahead” even beyond current plans.
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Facebook, Inc. (NasdaqNM:FB) reported EPS of 0.289. For the Current Fiscal year, the company is expected to report EPS of 0.48. For the Next Quarter and Next Year, the company is expected to report EPS of 0.14 and 0.62 respectively. At Current Market Price, FBis in distance of -3.75% from its 50-day Moving Average price of $20.4051 and -21.82% from its 200-day Moving Average price of $25.1218. Facebook Inc (NASDAQ:FB) filed its proposal to go public in February, and it may have exaggerated how effective ads linked to customers’ friends are, citing research from Nielsen, but the continued to SEC doubt and examined the filing to make sure that Facebook revealed all material information to investors. Additionally, Facebook was forced to drop the reference. There have been two and a half months of communications between the company and the agency which the SEC believes represents a management team that is cautious regarding the disclosure of information and is still guessing at even the most basic details of its business only weeks prior to the company’s IPO, according to Bloomberg.
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Chevron Corporati (NYSE:CVX) is very active today and traded between $112.01 - 115.05 with total traded volume of 15960931 shares. At a current price of 112.45, CVX is -4.91 - -4.18% from the previous close of $117.36. Moreover, At Current Market Price, CVX is in distance of -2.20% from its 50-day Moving Average price of $114.984 and +4.77% from its 200-day Moving Average price of $107.328. Chevron Corporation(NYSE:CVX) stock fell 2.94% to $113.90 after the company reported in its interim update that earnings for the third quarter 2012 are expected to be substantially lower than second quarter 2012. U.S. net oil-equivalent production decreased 19,000 barrels per day during the first two months of the third quarter, largely reflecting impacts from Hurricane Isaac. International net oil-equivalent production during the first two months of the third quarter decreased 87,000 barrels per day. Additionally, CVX’s stock had its “buy” rating reiterated by investment analysts at UBS AG in a note issued to investors today. They currently have a $125.00 target price on the stock.
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