The Investor Desk Releases Articles on Microsoft (NASDAQ: MSFT), Xerox (NYSE: XRX), IBM (NYSE: IBM) and Oracle (NYSE: ORCL)

NEW YORK, Oct. 20, 2015 /PRNewswire/ -- On Monday The Investor Desk released four articles on the publicly traded companies  Microsoft (NASDAQ: MSFT), Xerox (NYSE: XRX), IBM (NYSE: IBM) and Oracle (NYSE: ORCL)

• Shares of Oracle Corporation (NYSE: ORCL) slid by 0.69 percent to $37.56 in early morning trading on Wednesday, after a downgrade to "market underperform" by analysts at JMP Securities. The firm said in a note that the software giant has missed the consensus revenue estimate in seven of the past nine quarters, as well as the consensus non-GAAP earnings per share estimate in four of the past nine quarters. It set a $31 price target on the stock. Click here for the full article: theinvestordesk.com
• Xerox Corporation (NYSE: XRX) announced Tuesday that it would book a pretax charge of roughly $385 million in the third quarter, due to the incomplete implementation of its Health Enterprise Medicaid platform in California and Montana. The business process and document management company reported that it expects its first quarterly loss since 2010. Shares plunged 2.59 percent to $10.13 in afternoon trading on Wednesday, and continued to decline. Click here for the full article: theinvestordesk.com
• International Business Machines Corporation (NYSE:IBM) has granted officials from China's Ministry of Industry and Information Technology controlled access to its proprietary source code, according to a Wall Street Journal report citing unnamed sources. Cybersecurity has been a major source of friction between the US and China, and the Asian superpower has been pressuring US tech companies for access to their programs' codes for quite some time. This is in order for them to examine the software for spook backdoors. Click here for the full article: theinvestordesk.com
• There's a lot going on for the Windows maker this month, and it looks to be heading in a strong direction. At its October Windows 10 hardware event, Microsoft Corporation (NASDAQ: MSFT) introduced to the wireless phone market two new flagship smartphones, which earned mostly positive reviews. It unveiled the Lumia 950 and Lumia 950 XL, high-end handsets that are powered by the Windows 10 Phone OS. Both have an impressive range of features that include a 5.2-inch screen, 32GB of storage, Qualcomm Snapdragon processors, 3440mAh battery, 20MP sensor with OIS, and a triple-LED natural flash. The devices sell for $549 and $649, respectively. Click here for the full article: theinvestordesk.com

SOURCE The Investor Desk

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