On Thursday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -0.34% to $47.42.
Microsoft Corp. threatened to close its research facilities in Britain if the government went ahead with plans to promote open-source software, one of David Cameron’s former advisers said, according to Bloomberg.
Steve Hilton, who was the prime minister’s director of strategy until 2012, told an event in London Wednesday that when the Conservative Party projected shifting government computer systems to open standards, the software giant began intensive lobbying of members of Parliament. Open tools have few restrictions, allowing users to move away from expensive proprietary software contracts. Bloomberg Reports.
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 Nabors Industries Ltd. (NYSE:NBR), inclined 2.79% to $15.84, during its last trading session, as oil prices were increasing.
WTI crude oil for July delivery was up 2.9% to $60.71 a barrel early Thursday afternoon, and Brent crude oil for July delivery was up 2.5% to $66.66 a barrel.
Oil prices were rising due to lower U.S. crude inventories and fighting in Iraq, according to Reuters. On Wednesday the Energy Information Administration said U.S. crude oil supplies fell by 2.7 million for the week that ended May 15, marking the third straight week of declines.
Nabors Industries Ltd., together with its auxiliaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services.
At the end of Thursday’s trade, Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA), gained 2.65% to $87.14.
Walgreens Boots Alliance, will provide a live webcast of its fiscal 2014 annual meeting of stockholders starting at 9 a.m. Central time (10 a.m. Eastern time) on Thursday, 28 May 2015. The meeting will be held at The Civic Opera House, 20 N. Wacker Drive, Chicago.
Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.
Finally, The Allstate Corporation (NYSE:ALL), ended its last trade with -0.92% loss, and closed at $68.10.
The Allstate Corporation, declared estimated catastrophe losses for the month of April 2015 of $273 million, pre-tax ($177 million after-tax). Catastrophe losses occurring in April comprised six events at an estimated cost of $256 million, pre-tax, plus raised reserve reestimates of preceding stated catastrophe losses. Four wind/hail weather events accounted for over 90% of the estimated catastrophe losses for April events.
The Allstate Corporation (ALL) is the nation’s largest publicly held personal lines insurer, protecting about 16 million households from life’s uncertainties through auto, home, life and other insurance offered through its Allstate, Esurance, Encompass and Answer Financial brand names. Allstate is widely known through the slogan “You’re In Good Hands With Allstate®.”
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