On Monday, Shares of Microsoft Corporation (NASDAQ:MSFT), subtract -0.35% and closed at $57.22 in the last trading session. MSFT stock opened its last trade at $57.36 and after floating in a range of $56.87 to $57.46. The company’s Market capitalization is $449.80 Billion with the total Outstanding Shares of 7.79 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $46.90 and reached to max level of $58.70. Monday at the 123rd annual International Association of Chiefs of Police conference and exposition in San Diego, Microsoft Corp. and its partners showcased innovative solutions that demonstrate how the cloud and modern Windows devices are transforming the way law enforcement engages with citizens, improves communities and facilitates more effective first response.
Microsoft has the leading compliance portfolio in the industry, and is committed to providing law enforcement, public safety and justice organizations with cloud services they can trust. To date, nearly 6 million users in all 50 states and federal government agencies use Microsoft Cloud for Government, which is specifically designed for use by U.S. government customers.
Compliance is a commitment, not a checkbox. As of recently, Microsoft commits to the applicable Criminal Justice Information Services (CJIS) controls and has signed CJIS agreements in 23 states. Microsoft supports law enforcement agencies across the country to take advantage of Microsoft Azure Government for sensitive and mission-critical law enforcement needs, assisting customers and partners increase security while reducing the cost of compliance. In addition, Microsoft is the first hyper-scale cloud provider to achieve ISO 22301 certification, which ensures that Microsoft Azure applications are backed by the highest government standards for business continuity and disaster preparedness.
Charles Schwab Corp (NYSE:SCHW), DROOPED -0.94% and closed at $31.69 in the last trading session. SCHW stock opened its last trade at $31.99 and after floating in a range of $31.14 to $32.10. The company’s Market capitalization is $42.65 Billion with the total Outstanding Shares of 1.32 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $21.51 and reached to max level of $34.52. The Charles Schwab Corporation declared recently that its net income for the third quarter of 2016 was $503 million, up 11% from $452 million for the prior quarter, and up 34% from $376 million for the third quarter of 2015. Net income for the nine months ended September 30, 2016 was $1.37 billion, up 33% from the year-earlier period.
CEO Walt Bettinger said, “Schwab’s third quarter results reflect the combined power of our strategy and scale – we served more clients than ever while delivering record financial performance. Our range of full-service investment capabilities continued to attract a broad spectrum of shareholders and assisted core net new assets total $30.0 billion in the third quarter, sustaining a solid 5% annualized organic growth rate. We ended the quarter serving 10.0 million brokerage accounts and 1.1 million bank accounts, both records, in addition to 1.6 million retirement plan participants, up 4%, 6% and 5%, respectively. Total client assets reached a record $2.73 trillion, up 13% year-over-year, as shareholders continued to engage with us for assist and advice throughout the summer quarter. Our financial consultants held planning conversations with 34,000 clients, up 17%. Year-to-date, 101,000 clients have take partd in such conversations with us, up 22% from the year-earlier period. Assets enrolled in some form of ongoing advisory service totaled $1.37 trillion at quarter-end, up 14% from a year ago.”