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Microsoft lost 12% of its profit

Microsoft Lost 12% of Its Profit

Microsoft reported a quarterly profit of $16.43 billion, or $2.20 per share. Excluding one-time items, such as $800 million in severance payments to laid-off workers, Microsoft earned $2.32 per share,

Dollar

Dollar Drops Lower

The Dollar Index (DXY) follows the dollar versus six other currencies. At 03:15 ET (08:15 GMT) it traded 0.1% lower at 101.965, just over the seven-month low of 101.77 seen

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