US stocks closed on Thursday without much change after a solid rally sparked by surprisingly good data on weekly jobless claims came out.
The market jumped from the opening amid a good sign for the ailing US jobs market as the Labor Department reported that weekly new claims for unemployment insurance fell sharply to their lowest in four and a half years,
But later the air was blown out of the rally by suggestions that the data might be somewhat incomplete.
Microsoft Corporation (NASDAQ:MSFT) claimed in an announcement on Thursday that company has completed the Release to Manufacturing (RTM) build of the new Office. The current release includes new Office 365 service, Office 2013 clients, Visio 2013, SharePoint 2013, Exchange 2013 and Project 2013.
Microsoft (MSFT) stated in a blog post at blogs.office.com, “This is the most ambitious release of Office we’ve ever done. It spans the full family of Office applications, servers and cloud services. The new Office has a fresh, touch friendly design that works beautifully on Windows 8 and unlocks modern scenarios in social, reading, note-taking, meetings and communications.”
According to the software giant, enterprise customers will be the first after manufacturers to get the new Office at the end of this month. Consumers who buy a Windows 8 RT device will get Office Home & Student 2013 RT, company also stated.
Microsoft mentioned in the blog that first quarter of the next year has been planned for general availability of Office 2013.
Consumers will be eligible for a free upgrade to Office 2013 if they purchase Office 2010 from local retailers or resellers on or after October 19.
Microsoft Corp. (NADSAQ: MSFT) has also disclosed the availability details of the product for developers, professionals and volume-licensing customers.
In the last trading session, Microsoft Corporation (NASDAQ:MSFT)’s price moved -3.59% below its 200 day moving average, changing hands as low as $28.87 per share. The stock is currently trading -4.66% down its SMA 50. The worst hit in its 52 week range is $24.30 per share, with $32.95 being the 52 week best price, which compares with a latest closing price of $28.95. The Beta of this stock is 1.00.
While trading at volume lower than average, Intel Corporation (NASDAQ:INTC) dropped -0.37% yesterday. Its previous 52-week high was $29.27 and moved down -7.74% over the same period, trading at a volume of 36.80 million. Shares have fell -21.59% over the trailing 6 months. The stock is currently trading -11.04% below its SMA 50 and -16.02% below its SMA 200.
Alpha Natural Resources, Inc. (NYSE:ANR)’s price increased in the last trading session with a previous 52-week high of $29.29. The stock was trading on above-average volume. The stock traded at a volume of 55.65 million shares at a price gain of 16.96%. The share price is now up 12.06% for the past three months. Latest closing price was 25.57% above its 50-day moving average and -32.72% above its 200-day moving average.
Altria Group, Inc. (NYSE:MO)’s shares rallied 14.69% so far in 2012. The stock most recently had a beta value at 0.39 and the percentage change in the price over the last fifty two weeks remained at 18.21%. The price range in that 1-year period had a best hit of $36.29 on Aug 01, 2012 while lowest level in the same period was $26.80 on Oct 26, 2011.