On Tuesday, Shares of Microsoft Corporation (NASDAQ:MSFT), lost -0.90% to $47.58.
Microsoft’s plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren’t interested.
Windows phones accounted for just 3 percent of global smartphone sales last year, contrast with about 81 percent for devices with Google’s Android system and 15 percent for Apple and its iOS system, according to research firm IDC. One reason is that Windows doesn’t run as many or as attractive apps as its rivals.
To boost sales of its phones and new operating system, Microsoft said last month that it would provide tools to software developers to make it easier to design apps for Windows based on apps that run on Android or Apple. But because so few people use a Windows phone, most developers remain focused on the more popular systems and don’t see a need to develop apps for Windows. They also said they doubt how easy the new tools will be to use.
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. Its Computing and Gaming Hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories.
Shares of American Express Company (NYSE:AXP), inclined 1.48% to $81.36, during its last trading session.
American Express Company, Chairman and Chief Executive Officer, Kenneth I. Chenault, will take part in the Bernstein Planned Decisions Conference in New York City, on Thursday, May 28, 2015, at 11:00 a.m. (ET). Mr. Chenault will take part in a question and answer session regarding the company’s business and strategy.
Additionally, American Express President of Global Network and International Card Services, Douglas E. Buckminster, will take part in the William Blair Growth Stock Conference in Chicago, on Tuesday, June 9, 2015, at 4:30 p.m. (ET). Mr. Buckminster will take part in a question and answer session regarding the company’s network and international businesses.
Finally, American Express President, Edward P. Gilligan, will take part in the Morgan Stanley Financials Conference in New York City, on Wednesday, June 10, 2015, at 1:50 p.m. (ET). Mr. Gilligan will take part in a question and answer session regardingthe company’s business and strategy.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
At the end of Tuesday’s trade, Shares of Banco Santander, S.A. (NYSE:SAN), lost -0.13% to $7.46.
Banco Santander, is studying purchasing terms for the Brazilian unit of HSBC Holdings Plc, though it is awaiting the opening of the so-called “data room” before making a decision on whether to bid, Santander Brasil Chief Executive Jesus Zabalza said at a press event in Sao Paulo on Tuesday, according to Reuters.
HSBC could select a preferred bidder for the unit as early as next month, with the sale predictable to be finalized by August, three sources with knowledge of the process said last week. Reuters Reports.
Banco Santander, S.A. provides various banking products and services for individuals and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto finance, and personal credits; consumer finance; and mobile banking and electronic banking services.
Finally, The Blackstone Group L.P. (NYSE:BX), ended its last trade with -0.73% loss, and closed at $43.64, hitting its highest level.
The Blackstone Group, declared that Joseph Baratta, Global Head of Private Equity at Blackstone, will present at the KBW Asset Administration and Capital Markets Conference in New York on Wednesday, June 3rd, 2015 at about 10:40 a.m. ET.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
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