TSX ends 2010 on positive note as miners shine (Reuters)

Reuters - Toronto's main stock index closed slightly higher on Friday in sparse New Year's Eve trading, as strong metal prices and a rally in miners kept the market on track for its best December in five years and double-digit growth in 2010.

Global stock fund inflows gain, bonds slow: source (Reuters)

Reuters - Money flows to global equity and other stock funds accelerated during the fourth quarter, signaling a possible twist in 2011 from the record investments made in bond portfolios over the last year, according to a report published by EPFR Global on Friday.

The 2010 Year-End Review of Microsoft

As Microsoft looks back on 2010, one thing is clear: The company has more product in it than Justin Bieber's hair.

From January through December, the software company pumped out a wave of new offerings, from the early success of Kinect to the flaming failure of Kin.

Yet, for all the activity, Microsoft's stock has done little over the same period. Microsoft started the year at $30.48 a share but closed at $28.01 Tuesday -- down 8.1 percent.

Top leaders also exited the company: Chief Software Architect Ray Ozzie, Entertainment and Devices division President Robbie Bach and Business division President Stephen Elop.

As the economy continued its snail's-pace recovery, these were the bigger product launches of the year.

Azure: Microsoft began the year with the launch of Azure, its platform for cloud computing.

As Chief Executive Steve Ballmer first said at a University of Washington speech in March, "We're all in" the cloud, a platform where software and data are stored in remote Microsoft data centers instead of corporate servers and are accessed with Internet-connected devices, such as laptops, mobile phones, tablets and televisions. Cloud computing is a bet-the-company move for Microsoft. In the next 10 years, the company believes delivering software via the cloud could make up half of the company's revenue.

The progress has been slow, however. Success of Azure depends on how many developers build software for it. It now has 20,000 customers. The company, meanwhile, continues to release new features and products for the cloud. In July, Microsoft announced plans to sell an Azure appliance that would reside on a corporate campus rather than in a data center run by Microsoft. The product is aimed at companies that don't trust their business data to an outside company.

Kin: Microsoft launched the Kin mobile phone in April, calling it the phone for the socially networked...

Stocks mixed on last day of strong year for market (AP)

FILE - This file photo taken March 8, 2010, shows the trading floor of the New York Stock Exchange. (AP Photo/Mark Lennihan, file)AP - Stock indexes were mixed Friday in quiet New Year's Eve trading.


World stocks mixed on last day of the year (AP)

A visitor wears a glitter top hat to the floor of the New York Stock Exchange on the last trading day of the year December 31, 2010. REUTERS/Jessica RinaldiAP - World stocks traded in narrow ranges Friday in thin trading, with Chinese stocks powering ahead strongly but still ending the year with one of the worst annual declines among major markets.




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