During Wednesday’s trade, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -1.47% to $54.99.
On December 9, Microsoft released a Linux certification: Microsoft Certified Solutions Associate (MCSA) Linux on Azure. You know what’s even more amazing? Microsoft created this certifcation with the assist of the The Linux Foundation. Maybe dogs and cats can live together!, according to Zdnet
This important step in broadening the technology integration between Microsoft and the open-source community is another sign that this is not your or Bill Gates’ Microsoft. Why would Microsoft do this? Well, it’s not because Microsoft has become Google+ buddies with Linus Torvalds.
As Mark Russinovich, CTO of Microsoft Azure, Microsoft’s cloud program, said recently, “It’s obvious, if we don’t support Linux, we’ll be Windows only and that’s not practical.” He continued, “last fall one in five instances on Azure were Linux. Recently, about a year later, one in four instances are Linux.” In short, Microsoft fully supporting Linux on the cloud is simply good business.
Microsoft now offers support for eight Linux distributions running on Azure. Those are: Canonical Ubuntu, CentOS, CoreOS, Oracle Linux, SUSE Linux Enterprise, and openSUSE. Recently Microsoft also added support for Debian GNU/Linux (Did anyone expect to see Microsoft GNU Linux?) and Red Hat Enterprise Linux. Azure users can also provision their own Linux distributions from the command line, besides the vendor-backed, endorsed distros and Azure Marketplace pre-packaged Linux distributions. Zdnet Report
Microsoft Corporation, a technology company, develops, licenses, and supports software products, 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 Wells Fargo & Co (NYSE:WFC), declined -1.03% to $53.85, during its current trading session.
Wells Fargo Real Estate Investment Corporation (NYSE: WFE Pr A) declared that its board of directors has declared a quarterly dividend on its 6.375% cumulative perpetual preferred stock, Series A. The dividend is equal to $0.3984375 per share of Series A preferred stock.
The dividend is payable on Dec. 31, 2015, to holders of record as of the close of business on Dec. 15, 2015. Wells Fargo Real Estate Investment Corporation is an indirect partner of Wells Fargo & Company and is qualified as a real estate investment trust for federal income tax purposes.
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.
Finally, Shares of JPMorgan Chase & Co (NYSE:JPM), lost -1.12%, and is now trading at $65.22.
JPMorgan Chase & Co. JPM raised its stake to 10.1% in Telecom Italia S.p.A. TI, an Italian telecommunications company that operates mainly in Europe, the Mediterranean basin and South America, according to a filing by the Italian market regulator Consob, according to Zacks
The overall long position of JPMorgan is held through a formerly revealed stake of 4.5% in addition to call options that can be exercised at different dates up to Jul 7, 2017 and other contracts. The position was held as of Nov 26, 2015, when stringent disclosure rules regarding stakes held in listed Italian companies came into play.
The highest stake in Telecom Italia is presently held by the French media behemoth Vivendi S.A., which is equivalent to over 20% as it plans to build a distribution business in southern Europe. Vivendi is also seeking to appoint four representatives to the Telecom Italia board. The proposal will be voted in a shareholder meeting on Dec 15.
Telecom Italia’s second biggest shareholder is the French billionaire Xavier Niel, who is the founder of broadband provider Iliad SA. He accumulated a 15.1% stake in the Italian group by buying options at the end of October through his personal investment company. Zacks Report
JPMorgan Chase & Co. is a financial services firm. The company operates through four segments: Consumer and Community Banking, Corporate and Investment Bank, Commercial Banking, and Asset Administration.