Software developer, Microsoft Corporation (NASDAQ:MSFT) slightly up on Tuesday as it made the most of investor demand for the uppermost-rated corporate securities as well as sold $10.8B in new bonds, making it the leading U.S. corporate debt sale so far this year and the tenth-largest issue of all time. Microsoft had rose the size of its debt proposing from $7B, taking advantage of attractive borrowing costs as well as strong demand generated due to low interest rates. Whereas, shares of Microsoft Corporation (NASDAQ:MSFT) traded up of 0.57% to finished at USD42.60 with market capitalization of 346.98 billion. Separately, a research note to investors, 15 analysts rates its stocks at “Hold,” 5 analysts rate it at “strong buy” and 13 rate it a “Buy.”
Pier 1 Imports Inc (NYSE:PIR) released that it lower outlook for FY15 (Feb), lowers EPS to $0.80-0.83 from $0.95-$1.05 as compared to $1.00 Capital IQ Consensus. The firm comps including e-commerce +5% as compared to mid to high single digit guidance; gross profit, as a percentage of sales, of 40.2%. Pier 1 Imports Inc (NYSE:PIR) stock surged of 1.19% to closed at $16.97 with the total traded volume of 2.08 million shares. The consensus average revenue estimates are $558.32M for latest quarter, at the same time as 10 experts predict $440.13M revenues for the next three months of 2014.
Kinder Morgan Inc (NYSE:KMI) reported that it will buy three terminals as well as one undeveloped site from Royal Vopak for around $158M. The purchase covers a 36-acre, 1,069,500-barrel storage complex at Galena Park, Texas, so as to handles base oils, biodiesel and crude oil, immediately adjacent to Kinder Morgan’s Galena Park terminal complex; two Vopak terminals in North Carolina, one in North Wilmington that handles chemicals and black oil, and one in South Wilmington that is not currently operating. In addition, an undeveloped site at Perth Amboy, New Jersey, with waterfront access that can be developed. Kinder Morgan Inc (NYSE:KMI) saw as a gainer stock in last session, rose 0.85% to finished at $41.55 with the overall traded volume of 7.95 million shares.
Employees of Halliburton Company (NYSE:HAL) will be the most recent to feel the pinch of in trouble energy prices, as the oilfield service provider declared on Tuesday it is laying off around 8% of its workforce. That means as a lot of as 6,400 employees can expect pink slips in the coming days. Halliburton Company (NYSE:HAL) after opening at $43.44 hit its day high price of $43.44 moreover fell -2.09% to closed at $42.60 The consensus average revenue estimates are $7.54B for latest quarter, at the same time as 23 experts predict $6.91B revenues for the next three months of 2014.