Microsoft lowers guidance, citing foreign exchange rates, in latest sign of volatile economy (Todd Bishop/GeekWire)

Todd Bishop / GeekWire
Microsoft lowers guidance, citing foreign exchange rates, in latest sign of volatile economy – Microsoft shares fell by 2% this morning before partially recovering after the company reduced its revenue guidance for the current quarter, citing unfavorable foreign exchange rates. Its the latest example of the turbulent economy and uncertain market impacting companies large and small. Microsoft recently boosted compensation to retain employees and …

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