July 23, 2009
By Dina Bass July 23 (Bloomberg) — Microsoft Corp. , the world’s biggest software maker, reported a 29 percent drop in profit and sales that missed analysts’ estimates, a sign that expense reductions weren’t enough to make up for declining sales of personal- computer software.
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July 20, 2009
By Joseph Galante and Ian King July 20 (Bloomberg) — Intel Corp. , the world’s largest chipmaker, plans to sell $1.5 billion in debt, using the money to buy back shares. The bonds, which would be convertible into shares, will mature in 2039, Santa Clara, California-based based Intel said today in a statement.
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