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Market Update : 
American Express, Baidu Rise; Microsoft Declines
Author: 123jump.com Staff
123jump.com
Last Update: 5:09 PM EDT April 25 2008

Tech stocks fell after a cautious outlook from Microsoft. Microsoft earnings declined 11% to $4.39 billion on nearly flat revenue of $14.45 billion. Weak guidance for the current quarter dragged the stock lower 6%. However, American Express surged 4% after it reported 11% decline in revenue and earnings. Baidu.com revenue soars 108% from a year ago.

 

 

 
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