On Wednesday, Shares of Microsoft Corporation (NASDAQ:MSFT), gained 0.58% to $47.63.
Windows Mobile is back from the dead.
Microsoft is killing off its Windows Phone brand, which has languished in the mobile market for the last five years. In its place: Windows 10 Mobile, a reference to the original name of its smartphone operating system, Microsoft declared in a blog post Wednesday. The company started distancing itself from both Windows Phone and the Nokia brand of its Lumia phones last fall.
Windows 10 Mobile, due out this summer, will run Microsoft’s so-called universal apps that are designed to work across all devices. The mobile OS will also make use of Microsoft’s new Continuum feature that will automatically switch an app’s layout when the phone is plugged into a PC monitor and communicating with a mouse and keyboard.
Microsoft hopes its new operating system will recapture some of that glory, thanks in part to the software’s ability to run on devices of all types and sizes. Executives want to have more than 1 billion devices running the software by 2018. To assist accomplish that aim, the company will offer Windows 10 for free to the vast majority of current PC, tablet and smartphone owners. Microsoft still hasn’t revealed the software’s exact release date.
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Shares of American International Group, Inc. (NYSE:AIG), declined -0.03% to $58.74, during its last trading session.
American International Group, elected thirteen directors at the company’s Annual Meeting of Shareholders. The shareholders also voted to support each of the two proposals recommended by the AIG Board of Directors.
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally. The company’s Commercial Insurance segment offers general liability, commercial automobile liability, workers’ compensation, excess casualty, and crisis administration causality insurance products; commercial, industrial, and energy-related property insurance products; aerospace, environmental, political risk, trade credit, surety, and marine insurance products, in addition to various insurance products for small and medium sized enterprises; and professional liability insurance products for a range of businesses and risks.
At the end of Wednesday’s trade, Shares of Discovery Communications, Inc. (NASDAQ:DISCA), lost -1.81% to $31.44.
Discovery Communications, declared that President and CEO David Zaslav will present at the 2015 Sanford C. Bernstein Planned Decisions Conference at 9:00 a.m. EDT on Wednesday, May 27 at The Waldorf Astoria Hotel in New York, NY.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
Finally, The Mosaic Company (NYSE:MOS), ended its last trade with 1.29% gain, and closed at $45.42.
The Mosaic Company, declared that its Board of Directors has elected James “Joc” C. O’Rourke, presently Executive Vice President – Operations and Chief Operating Officer, to succeed James T. Prokopanko as President and Chief Executive Officer, effective August 5, 2015. After that date, Mr. Prokopanko will serve as Senior Advisor until his planned retirement on January 4, 2016.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida.
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