Microsoft (MSFT) Declares $0.42 Quarterly Dividend; 2% Yield

New ETF joins fight against sexual harassment in workplace

November 28, 2017 7:06 AM EST

By Trevor Hunnicutt and Jonathan Stempel

NEW YORK (Reuters) - A new exchange-traded fund is being introduced for investors who want their money kept far away from sexual harassment in the workplace.

The Impact Shares YWCA Women's Empowerment ETF is expected to launch in the first quarter of 2018, and enable people to invest with companies that promote women's interests and take strong stands against workplace harassment.

"When women thrive, whole economies thrive," said Dorri McWhorter, chief executive of YWCA Metropolitan Chicago.

Wall Street is championing companies that perform well on environmental, social and governance... More

Adobe Systems (ADBE) Reports Data Projecting Cyber Monday 2017 with Record Sales of $6.59B; Increase of 16.8% YoY

November 28, 2017 5:56 AM EST

Adobe (NASDAQ: ADBE) today released its 2017 online shopping data for Cyber Monday and the holiday weekend overall. Cyber Monday is projected to hit a new record as the largest online sales day in history with $6.59 billion by the end of the day. This marks a 16.8 percent year-over-year (YoY) increase as of 10:00 p.m. ET. In comparison, Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue respectively. Top sellers on Cyber Monday included the Nintendo Switch, PJ Masks and Hatchimals & Colleggtibles figurines, Apple AirPods, streaming devices like Google Chromecast and Roku... More

Ivanka Trump, feted in India, calls for closing gender gap in business

November 28, 2017 4:20 AM EST

By Aditi Shah

HYDERABAD, India (Reuters) - U.S. President Donald Trump's daughter Ivanka Trump kicked off a global business summit in southern India on Tuesday calling for better opportunities for women entrepreneurs battling heavy odds around the world.

Ivanka, also an informal adviser to her father, received a warm welcome in India's high-tech hub of Hyderabad with all the trappings of a state guest.

Prime Minister Narendra Modi joined her in the opening of the U.S.-backed Global Entrepreneurship Summit which New Delhi is hoping will further boost political and economic ties with the... More

Microsoft, SAP to use and sell more of each other's cloud services

November 28, 2017 3:51 AM EST

LONDON (Reuters) - Business software giants Microsoft Corp and SAP SE have agreed to expand the use of each other's cloud-based products and services delivered via the internet, they said on Tuesday, as they laid out a common product road map for joint customers.

In a joint statement, Microsoft (NASDAQ:... More

Microsoft (MSFT): Getting More Aggressive in HCM - Stifel

November 27, 2017 6:43 AM EST

Stifel analyst, Brad Reback, reiterated his Buy rating on shares of Microsoft (NASDAQ: MSFT) and believes that Microsoft is getting more aggressive in HCM after Cornerstone OnDemand announced that private equity firm Silver Lake and Microsofts LinkedIn are making a $300M strategic... More

Microsoft (MSFT): Use AWS Driven Weakness As A Buying Opportunity - Piper Jaffray

November 27, 2017 6:38 AM EST

Piper Jaffray analyst, Alex Zukin, reiterated his Overweight rating on shares of Microsoft (NASDAQ: MSFT) and expects the near term focus on Amazon to drive AWS announcements that could pressure the share price. If this does occur, he would use the weakness to... More