Microsoft: No Comment on Rumor of Profit Warning

Published January 13, 2015

Microsoft Corp. on Friday declined to comment on mounting speculation by traders that the world's largest software company was set to issue a profit warning.

``We never comment on rumors or speculation and we certainly don't comment on this kind of trader speculation,'' Mark Murray, a Microsoft spokesman in Redmond, Wash., told Reuters.

Shares of Microsoft traded at $67 on Instinet, down from a Thursday close of $68.90.

Also on Friday, telecommunications equipment giant Nortel Networks Corp., in a shock warning to financial markets, announced new job cuts and a $2 billion financing deal and predicted a big second-quarter loss.

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