Online-software growth propels Microsoft stock upward

05/17/2013 | Wall Street Journal, The

Growth in Microsoft's online-software business helped push the company's shares to a five-year high on Thursday. "At a time when we are going through a soft spot for enterprise IT spending, Microsoft seems to be gaining a bit of IT share, and I think that's what investors are latching onto now," said Brad Slingerlend, manager of the Janus Global Technology Fund.

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