Microsoft Corporation (NASDAQ:MSFT) is reportedly preparing to replace its Windows Live Messenger client with Voice over IP (VoIP) and chat service Skype. According to sources close to The Verge, the company’s Windows Live Messenger will be moved into Skype and then killed as a separate service in the coming months. If the rumor holds true, this news is expected to be declared soon, perhaps even as quickly as this week.
The software giant has not yet commented on the rumors. It seems possible that Microsoft will replace Windows Live Messenger with Skype, particularly when taking into account the release of Skype 6.0 for Windows and Mac OS X last month, which enables users of services such as Hotmail, Outlook.com and Windows Live Messenger to be in touch with other subscribers of those services all in one place.
Microsoft Corporation (NASDAQ:MSFT)’s price increased in the last trading session with a previous 52-week high of $32.95. The stock was trading on below-average volume. The stock traded at a volume of 38.07 million shares at a price gain of 0.44%. The share price is now up 0.27% for the past three months. Latest closing price was -1.15% below its 50-day moving average and -1.82% below its 200-day moving average.
Among more in the tech sector, CA, Inc. (NASDAQ:CA) moved up 17.25% in this year and its price history showed most recently beta was at 1.39. Overall the last 12 months, the percentage change in the price was 3.23%, hitting the highest of $28.00 on Mar 28, 2012 while lowest level in that period was $19.54 on Nov 23, 2011.
While trading at volume higher than average, Vringo, Inc. (NYSEAMEX:VRNG) climbed 42.60% yesterday. Its previous 52-week high was $5.73 and moved up 140.85% over the same period, trading at a volume of 16.41 million. Shares have risen 9.12% over the trailing 6 months. The stock is currently trading 8.17% above its SMA 50 and 30.11% above its SMA 200.
Over the last 12 months, for Oracle Corporation (NASDAQ:ORCL) a return on equity of 24.16 percent was realized due to the financial situation and earnings per share reached a value of $2.02. Last fiscal year, $0.24 has been paid in form of dividends to investors. Earnings are projected to move up 12.05 percent for the coming five years. The stock closed at $31.25, up 0.04 points or 0.13% from previous close and at a distance of +0.68% from 20-day simple moving average.