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Is Satya Nadella The Right CEO For Microsoft?
Tuesday, February 4, 2014 - 3:38pm | 624Microsoft (NASDAQ: MSFT) has officially announced that Satya Nadella has replaced Steve Ballmer as CEO. The news follows a number of reports claiming that Nadella would receive the job. Up until now, Nadella was the Executive VP of Microsoft's Cloud and Enterprise group. His CEO appointment is...
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Microsoft Officially Announces Satya Nadella As CEO
Tuesday, February 4, 2014 - 11:26am | 725On Tuesday, Microsoft (NASDAQ: MSFT) officially announced Satya Nadella as its Chief Executive Officer ending months of speculating and guessing by investors and analysts. "During this time of transformation, there is no better person to lead Microsoft than Satya Nadella," said Bill Gates,...
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Microsoft's CEO Search Nearing Completion, Announcement Coming Soon
Thursday, January 30, 2014 - 1:30pm | 402After 160 days, Microsoft (NASDAQ: MSFT) could name its new CEO very shortly, according to Re/code's Kara Swisher. Citing sources close to Microsoft, Swisher wrote that Microsoft could name its new CEO within the next week. And it's about time given the fact that “Google changed its strategy...
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Ford's Alan Mulally Talks Aluminum, His Future & His Favorite Ride
Wednesday, January 15, 2014 - 8:27am | 609Ford (NYSE: F) President and CEO Alan Mulally talked about aluminum and public transportation, addressed rumors about his future and answered an all-important question posed by Benzinga regarding his favorite car, during a company-sponsored event Tuesday at the North American International Auto...
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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
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Alan Mulally To Remain At Ford Through 2014
Wednesday, January 8, 2014 - 12:54pm | 553After months of speculating, Alan Mulally, CEO of Ford Motors (NYSE: F) finally announced that he plans to stay with the company throughout 2014. Mulally was once considered to be the front runner to replace Microsoft's (NASDAQ: MSFT) outgoing CEO, Steve Ballmer. His candidacy had faded in recent...
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Ford Tumbles Amid Weaker 2014 Guidance, Mulally Rumors
Friday, December 20, 2013 - 3:22pm | 458Shares of Ford Motor (NYSE: F) were trading lower by more than 9 percent on Wednesday after the company updated its full-year 2013 and 2014 guidance earlier in the day. Investors also digested new information concerning Alan Mulally and his plans for the coming year. 2013 was “one of the best”...
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Market Wrap For December 18: Markets Surge Following the Fed's Taper Announcement
Wednesday, December 18, 2013 - 5:46pm | 2716After much anticipation and heavily speculation the Federal Reserve announced a $10 billion per month taper. Treasury purchases will be cut to $40 billion per month with MBS purchases cut to $35 billion per month. The Fed's move shouldn't come as a surprise as recent economic data and...
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Mulally's Absence Strengthens Speculation CEO Will Be Leaving Ford
Wednesday, December 18, 2013 - 3:17pm | 398As each day passes, it is becoming clear that Ford Motor (NYSE: F) and its current CEO Alan Mulally are set to part ways. Reuters reported that Mulally was recently absent at a key weekly meeting where top executives gather to work through some of the company's most pressing issues. Taking Mulally...
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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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#PreMarket Primer: Thursday, December 12: US Budget Deal Gaining Momentum
Thursday, December 12, 2013 - 8:12am | 1567Markets have been crumbling as the US' bipartisan budget deal gains support and is seen as likely to pass a vote in the House of Representatives this week. The deal, if accepted by Democrats and Republicans in Washington, eliminates much of the fiscal uncertainty that was keeping the US Federal...
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Jim Cramer's Take On GM's Announcement of Mary Barra as Next CEO
Tuesday, December 10, 2013 - 11:59am | 339Mary Barra, General Motors' (NYSE: GM) current head of worldwide product development, will replace Dan Ackerson as CEO. As reported by CNBC's Phil LeBeau, historically, she is not only the first CEO of an automotive maker, but the world's largest automaker. Jim Cramer, host of CNBC's Mad Money...
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Microsoft, Best Buy And Other Stocks For Rising Interest Rates
Friday, December 6, 2013 - 5:00pm | 845Among the stocks that analysts at Jefferies expect to flourish in a rising interest rate environment are retailers Amazon.com (NASDAQ: AMZN) and Best Buy (NYSE: BBY), as well as tech companies Intel (NASDAQ: INTC) and Microsoft (NASDAQ: MSFT). The view on Wall Street is that it's not a matter of...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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Alan Mulally Says He's Committed To Ford
Thursday, December 5, 2013 - 12:14pm | 349CEO Alan Mulally is sticking with Ford (NYSE: F). Mulally appeared on CNBC's Squawk on the Street with a car that looks like a grey lightning bolt matched with the body of a sleek raindrop, and it's a convertible to boot. Mulally bubbled enthusiastically while mentioning Ford's “50 years of...