First quarterly loss for Microsoft

Source: BBC
After writing down Aquantive (USD 6.2 billion), Microsoft faced a loss of USD 492 million for the past three months. The company has not registered any losses since 1986, when it first entered the stock market. It purchased Aquantive in 2007 for USD 6.3 billion, but targeted profits were not reached.
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Fri, 20 Jul 2012 12:39:21 GMT

The Canadian Dollar strengthens against its U.S. counterpart

The Canadian Dollar appreciated against its U.S. counterpart, reaching a two-month high. Previously, the Federal Reserve disclosed information with respect to plans to boost U.S. economy, thus spurring demand for risky assets. Moreover, Canadian gross sales exceeded forecasts in May. The Loonie gained 0.3% to CAD 1.0074 per one unit USD on Thursday, July 19, in Toronto. However, the Australian Dollar keeps gaining value

Fri, 20 Jul 2012 12:17:22 GMT

The Euro falls after Spanish borrowing costs surge

Thursday's, July 19, rise in Spanish borrowing costs caused immediate depreciation of the Euro. On Friday morning, July 20, European currency fell 0.2% against the US Dollar to USD 1.2252 per EUR. Loss in value versus the Yen also amounted to 0.2% leading to trading rate of JPY 96.30. In general, this week, the Euro fell 0.7% against the Japanese national currency and was little changed

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