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Sunday, April 26 2015 2:22am ET - U.S. Markets Closed.
Industry Center
Top Industries
·Aerospace/Defense - Major Diversified
·Auto Manufacturers - Major
·Biotechnology
·Business Software & Services
·Chemicals - Major Diversified
·Communication Equipment
·Conglomerates
·Diversified Computer Systems
·Diversified Investments
·Drug Manufacturers - Major
·Electric Utilities
·Food - Major Diversified
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·Semiconductor - Broad Line
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Complete Industry List...
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Today's Top Performing Industry
Business Software & Services
Composite Value: 1521.7
Today's Change: +12.46%
S&P 500: +0.23%
chart for
[Business Software & Services (^YHOh890)]
Microsoft Surges 10%: All About the Cloud
Fri 5:37 pm ET (at Barrons.com)
Shares of Microsoft (MSFT) surged $4.53, or 10.5%, to close at $47.87, after the company Thursday afternoon crushed fiscal Q3 revenue estimates and said its cloud computing business is on track to record $6.3 billion in annual revenue, and a surge in sales of its Surface tablet computer. The report of Microsoft's cloud business comes as analysts are parsing Amazon.com's (AMZN) first-ever disclosure of its cloud computing financials yesterday. The stock got some price target increases today, and also at least one upgrade, that I can see, from Rick Sherlund of Nomura Equity Research, who raised his rating to Buy from Neutral, while maintaining a $50 price target, on cloud progress, writing that "Azure appears to have turned positive on gross margins and Office 365 margins have expanded sharply to an estimated 60% and likely on their way to 80%." Sherlund thinks problems aren't over, but fundamentals are "bottoming," and "patient investors can consider moving to Microsoft over this transition period." We think the recent bad news at Microsoft is not over yet, with difficult comparisons in the June and September quarters and the pressures on the core business as the cloud conversions gain increasing traction.
Today's Industry Highlights
Top Performing Industries% Change
Business Software & Services +12.46%
Catalog & Mail Order Houses +8.33%
Specialty Retail, Other +5.48%
Specialty Eateries +4.19%
Closed-End Fund - Debt +3.04%
View Leaders & Laggards...
Worst Performing Industries % Change
Computer Peripherals -4.24%
Drug Related Products -3.99%
Photographic Equipment & Supplies -2.88%
Sporting Goods Stores -2.08%
Semiconductor - Specialized -2.06%
View Leaders & Laggards...
  
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Leaders & Laggards
Highest Dividend Yield
Medical Practitioners 22.30%
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Highest Market Capitalization
Auto Manufacturers - Major $2638950.0 B
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Highest Net Profit Margin (mrq)
Closed-End Fund - Foreign 38.30%
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Highest P/E Ratio
Computer Based Systems 821.90
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Highest Return on Equity
Auto Parts Stores 79.70%
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