European Union regulators are preparing an antitrust complaint over Microsoft Corp. failure to comply with a settlement to give users a choice of web browsers, according to two people familiar with the matter. Microsoft’s press office in Brussels declined to comment beyond a July statement in which the company expressed its regret that the error occurred and understood that regulators may penalize it. On other hand, Microsoft is raising its dividend again for the seventh time. The company was one of the first major tech companies that begin paying a regular quarterly dividend in 2004. Since then, the dividend has increased seven times and is now yielding about 2.9 percent of its share price, which is up over 16 percent this year to date. Shareholders will receive 23 cents for each share they own, a 15 percent increase from the previous 20 cents. Release of the last news didn’t affect positive on shares of Microsoft and yesterday company lose 0.39% or 0.1230 points. Before opening of the session in United States price is at yesterday close 31.0520.
Technical, shares of the Microsoft Corp are moving up in medium term as you can see on daily chart below. The price is near to the resistance zone around 31.50 – 31.75. In case of break of that zone next border for the upside momentum would be around topped high in April 32.75. Last four months price of Microsoft Corp’s shares are moving in range between 31.75 and 28.25. Clear break and weekly close above or below one of these levels could set direction for long term. This month trend continues to be bullish like the previous and further rise is expected.
Source: binaryoption
Technical, shares of the Microsoft Corp are moving up in medium term as you can see on daily chart below. The price is near to the resistance zone around 31.50 – 31.75. In case of break of that zone next border for the upside momentum would be around topped high in April 32.75. Last four months price of Microsoft Corp’s shares are moving in range between 31.75 and 28.25. Clear break and weekly close above or below one of these levels could set direction for long term. This month trend continues to be bullish like the previous and further rise is expected.
Source: binaryoption
