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Microsoft Reaches Licensing Deal with Sharp

Microsoft Corp. (MSFT) reached a licensing agreement with consumer electronics company Sharp Corp. (6753.TO, SHCAY) for technology that eases the transfer of larger files between personal computers and other electronic devices. The agreement covers the use of extended file allocation table--or exFAT--technology in smartphones distributed by Sharp that are based on the Android platform. Terms of the agreement weren't disclosed. Microsoft has similar agreements with other consumer-electronics makers such as Sony Corp. (6758.TO, SNE), Canon Inc. (7751.TO, CAJ) and Sanyo Electric (Taiwan) Co. Ltd. (1614.TW). Microsoft recently reported that it swung to a fiscal fourth-quarter loss as the software giant booked a hefty write-down in its online-services division and deferred revenue related to its Windows 8 upgrade promotion. The company's continued strength in sales of its Office suite of products to corporate customers has helped cushion the company from the impact of slumping personal computer sales. Microsoft shares were up 1.2% at $30.30 in recent trading amid a broad market upturn. Write to Tess Stynes at Tess.Stynes@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Microsoft (MSFT)
DateTimeHeadline
04/24/201417:10:34Microsoft Posts Smaller-Than-Expected Profit Decline -- Update
04/24/201417:00:13MARKET SNAPSHOT: U.S. Stocks End Choppy Session Higher
04/24/201412:37:58MARKET SNAPSHOT: U.S. Stocks Rebound; Nasdaq Leads Gains
04/24/201411:38:01TECH STOCKS: Apple Continues To Climb After Earnings
04/24/201411:36:56TECH STOCKS: Apple Sharpens Its Edge After Earnings
04/24/201411:24:13MARKET SNAPSHOT: U.S. Stocks Fluctuate On Russia Worries
04/24/201410:33:36MARKET SNAPSHOT: U.S. Stocks Slip On Russia Worries
04/24/201409:50:12Nokia Says 'Very Strong Likelihood' India Plant Won't Be Part...
04/24/201407:40:11Nokia's India Plant May Not Transfer to Microsoft
04/24/201407:35:39Nokia Says 'Very Strong Likelihood' India Plant Won't Be Part...
04/23/201411:08:38TECH STOCKS: Apple, Facebook, Amazon Off As Techs Retreat
04/22/201417:06:52TECH STOCKS: Netflix Rises On Earnings, Subscriber Growth
04/22/201412:11:36ValueAct CEO: Allergan and Valeant are Perfect Match -CNBC
04/21/201417:31:21MARKET SNAPSHOT: Stocks Rise; S&P 500 In Longest Win Streak In...
04/21/201417:23:19Ford Operating Chief Mark Fields to Become CEO -- Update
04/21/201417:20:09MARKET SNAPSHOT: U.S. Stocks Edge Up; Halliburton Rallies
04/21/201417:08:40MARKET SNAPSHOT: U.S. Stocks Pare Gains; Halliburton Rallies
04/21/201415:53:35MARKET SNAPSHOT: U.S. Stocks Rise As Results From Halliburton...
04/20/201406:17:33MARKET SNAPSHOT: Long View On Stocks Is Best During Weak Earnings...
04/17/201422:30:50Microsoft Sells More Than 5 Million Xbox Ones

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