Microsoft (MSFT) Cleared for Nokia Acquisition, To Encrypt Services

Shares of Microsoft Corporation (MSFT) closed up +0.63 or +1.64 percent to $38.94 per share on Wednesday in active trading after the stock hit a 13 year high of $38.98. The stock reacted to news that the company had received clearance from European regulators for Microsoftâ s acquisition of Nokiaâ s (NOK) devices and services division.

In other news, Microsoft responded to customer concerns over U.S. global government surveillance with a plan to inform customers of legal orders in relation to their data and to fight in court any â

Published on Dec 5, 2013
By Jay Hawk
Jay Hawk
Jay Hawk enjoyed a 12-year professional financial markets career incorporating extensive first hand futures and options experience obtained by trading in the stock, commodity and forex markets on U.S. exchanges. Since retiring as a full-time financial market professional, he has been actively trading stock, commodities, forex and options for his own account and managing funds for others, as well as writing financial market commentary and educational articles.

Copyrighted 2016. Content published with author's permission.

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