U.S. Stocks Recover From Worst Week in 2 Years; MSFT

Stocks recover, just slightly, from their losses last week. Last week was even reported as the worst week for U.S. stocks in over two years. Now, many investors are wondering if the recent sell-offs will continue thus signaling the bear market. Microsoft (MSFT) filed a lawsuit against Samsung stating that the tech company owes Microsoft money. Samsung is supposed to pay Microsoft a royalty fee for each Android smartphone device that it sells as part of the patent-sharing agreement that was created by the two companies in 2011.
Microsoft claims that Samsung did not pay on time last fall and is refusing to pay interest on the late payment.

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Published on Aug 4, 2014
By InvestorGuide Staff

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