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Microsoft Will No Longer Support Windows XP; Tiger Global Increases its Stake in 58.com Inc.

Wednesday, 09 April 2014 12:10 AM

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58.com Inc. (NYSE: WUBA) – For an in-depth report on 58.com Inc. follow: www.BullTrends.com/stockquote/WUBA

Shares of WUBA closed up 14.86% on Tuesday with about 2.2 million shares traded. The stock was one of the biggest gainers on the NYSE. SEC filings revealed that Tiger Global Investments has increased its stake in the company. Tiger Global increased its stake from just 300,000 shares to over 2.52 million. The new position represents 6.5% of all outstanding shares.

Microsoft Corporation (NASDAQ: MSFT) - For an in-depth report on Microsoft Corporation follow: www.BullTrends.com/stockquote/MSFT

Shares of Microsoft Corp. had a modest close in the green despite getting approval to finish its acquisition with Nokia. The company did however announce that it will no longer support Windows XP. This means no more bug fixes and security updates for the more than 12-year-old operating system.

Primco Management Inc. (OTCBB: PMCM) - For an in-depth report on Primco Management Inc. follow: www.BullTrends.com/stockquote/PMCM

Shares of PMCM closed down 12.50% on about 233 million shares traded on Tuesday. The stock was one of the biggest decliners in the OTCBB marketplace. Earlier in the month the company announced that it has begun construction on Suzie Q's in the final phase of the Washington State Liquor Board Tier I Producer/Processor licensing process.  Once completed, the new upgraded and fully compliant facility will pave the way for the issuance of the Producer/Processor License.

Terra Tech Corp. (OTC: TRTC) – For an in-depth report on Terra Tech Corp. follow: www.BullTrends.com/stockquote/TRTC

Shares of TRTC closed up 16.48% on about 6.4 million shares traded. The stock was one of the biggest gainers in the OTC marketplace. Inergetics, Inc., a leading developer of nutritional supplements, congratulated its strategic partner, Terra Tech Corp on the opening of Terra Tech's expanded state-of-the-art hydroponic greenhouse in Belvidere, NJ.

 

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