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These six stocks were featured in the news yesterday following attention-grabbing company announcements.

Microsoft (NASDAQ:MSFT) was heavily in the news yesterday after it launched Microsoft Office 365, a cloud Office application. The stock rose over 2% after Microsoft announced that Office 365 is now available in 40 markets, and it brings together Microsoft Office, Microsoft SharePoint Online, Microsoft Exchange Online and Microsoft Lync Online in an always-up-to-date cloud service, at a predictable monthly subscription. The service was introduced in beta last year with enthusiastic response and, in a few months, more than 200,000 organizations signed up and began testing it. Businesses using Office 365 are already reporting impressive results and reducing IT costs by up to an estimated 50% while boosting productivity. Office 365 offers a range of service plans for a monthly price from $2 to $27 per user per month.

Google (NASDAQ:GOOG) rose over 2% after a two announcements. First, Android chief Andy Rubin announced on his Twitter that "there are now over 500,000 Android devices activated every day, and it's growing at 4.4% w/w." Google also announced the launch of its new social networking site, Google+.

Yahoo (NASDAQ:YHOO) after the close announced that it is spinning off its Hadoop software unit. The company and Benchmark Capital announced the formation of Hortonworks, an independent company consisting of key architects and core contributors to the open source Apache Hadoop technology pioneered by Yahoo. The formation of Hortonworks increases investment in the development of Apache Hadoop and will accelerate adoption by making it more robust and easier to install, manage and use for enterprises and technology vendors. This investment will enable Apache Hadoop to meet the growing market demand and become the big data management and analysis platform of choice for the industry. Yahoo lagged the market during the day and rose just 0.5%.

Dell (NASDAQ:DELL) after the market closed disclosed some financial targets ahead of its analyst meeting on Wednesday. Brian Gladden, Dell CFO, outlined the key priorities underway to allow the company to deliver on its long-term value creation framework of 5-7% revenue growth, GAAP operating income of more than 7% and cash flow from operations exceeding net income. Those priorities include accelerated enterprise growth, disciplined cost management and operational improvements, and continued profitable growth in laptop and desktop products. For a reference point, over the past four quarters, Dell’s revenue has exceeded the long-term growth goal, GAAP operating income has been 6.7% and cash flow has been $4.2 billion, which was 1.3 times net income. Dell lagged during the day and rose just 0.4%.

Standard Microsystems (NASDAQ:SMSC) rallied 10% after it reported consensus-beating Q1 results. Revenue for the first quarter of fiscal 2012 was $103.5 million, an increase of approximately 7% when compared to the same period in the prior year and an increase of approximately 2% sequentially. Non-GAAP net income was $11.0 million, or $0.47 per diluted share, compared to non-GAAP net income of $7.6 million, or $0.33 per diluted share in the first quarter of fiscal 2011. For the second quarter, the company anticipates revenue to increase by approximately 8-10% sequentially, including about $8 million from the BridgeCo acquisition. The company does not expect any further material impact as a result of the Japanese crisis and expect further growth in its automotive and consumer revenue.

NetApp (NASDAQ:NTAP) was a laggard, rising just 0.6%, despite announcing a $200 million share repurchase program.

Source: Tech Stocks of Interest on Tuesday