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Are Investors Suspicious Of Apple's Next Product Launch?
Sunday, March 13, 2016 - 3:32pm | 405Apple Inc. (NASDAQ: AAPL) will hold an event at its Cupertino headquarters March 21, according to an email sent to media sources Friday morning. In an unusual move, the company declined to invite investors to the event, which is expected to be an announcement of the fall Apple product line. Apple...
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Is Steve Ballmer Regretting His Twitter Investment?
Thursday, March 10, 2016 - 4:28pm | 367Back in October, Microsoft Corporation (NASDAQ: MSFT)'s former CEO Steve Ballmer acquired a 4 percent stake in Twitter Inc (NYSE: TWTR), which made him a bigger shareholder than CEO Jack Dorsey. On Wednesday, Ballmer was at the Fortune Brainstorm Tech dinner in San Francisco, and confessed...
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Steve Ballmer Airs Complaints At Microsoft's Shareholder Meeting
Thursday, December 3, 2015 - 10:42am | 283A recent Bloomberg Business article reported former Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer was verbally critical at Microsoft's annual shareholder meeting. Nondisclosure Issues Citing Microsoft's nondisclosure of key metrics, he further criticized the company’s lack of key...
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Did Steve Ballmer Buy Twitter Stock? A Mysterious Twitter Account Says So
Friday, October 16, 2015 - 9:31am | 416Editor's note: Around 11:30 a.m. ET, reports emerged confirming Ballmer's 4 percent stake in Twitter. Shares of Twitter Inc (NYSE: TWTR) jumped higher by 1.25 percent early Friday morning. At the same time, the S&P 500 linked ETF, SPDR S&P 500 ETF Trust (NYSE: SPY) was flat. With no...
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Microsoft's Bailed Cyanogen Deal Means 'There's A New Sheriff In Town'
Tuesday, March 17, 2015 - 7:19am | 335Microsoft Corporation (NASDAQ: MSFT) was expected to invest in Cyanogen, a startup that has created an open source mobile OS using Android. The latest report says that Microsoft is moving in another direction. "The idea that they're walking away from a deal means there's a new...
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The Report Card: Satya Nadella Completes One Year As Microsoft's CEO
Wednesday, February 4, 2015 - 4:32pm | 456Exactly a year ago, tech giant Microsoft Corporation (NASDAQ: MSFT) appointed Satya Nadella to take the CEO reins of the company from Steve Ballmer. In the past year, Nadella has brought a lot of changes to Microsoft, including giving the company its new strategy of “mobile first, cloud...
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Was Steve Ballmer 'Hunting Goodwill' In Clippers Deal?
Tuesday, November 4, 2014 - 6:39pm | 689Former Microsoft Corporation (NASDAQ: MSFT) CEO, Steve Ballmer paid $2 billion to buy the Los Angeles Clippers basketball team. The amount represented a 400-percent premium on the next-highest price ever paid for an NBA franchise. Yet according to the Financial Times, Ballmer could receive...
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#PreMarket Primer: Wednesday, August 20: Chilling ISIS Video Surfaces
Wednesday, August 20, 2014 - 7:17am | 1167On Tuesday, a video surfaced on social media showing an Islamic State militant beheading U.S. journalist James Foley. Called “A Message To America,” the video claims that the group is holding another American journalist and that his life depends on U.S. actions in Iraq. The video...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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Markets Marginally Lower In Quiet Trading Session
Tuesday, August 12, 2014 - 4:40pm | 2553U.S. stocks were marginally lower, as investors and traders may be waiting on the sidelines for further clarity on geopolitical tension. Volume was lighter than usual, as the composite volume on the New York Stock Exchange was 2.2 billion right before the closing bell. Typically, 2.1 billion...
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3 Things Steve Ballmer Did Right
Wednesday, July 30, 2014 - 3:33pm | 655Microsoft (NASDAQ: MSFT) CEO Satya Nadella has been praised for cleaning up the mess created by former chief executive Steve Ballmer. As Ballmer's departure approached earlier this year, critics continued to complain about his various mistakes. Not one to shy away from criticism, Ballmer...
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Finals Shape Up, Ballmer's Buy: Sports Business Wrap For The Week
Sunday, June 1, 2014 - 7:54pm | 476Top Stories Ballmer Buys Clippers Former Microsoft CEO Steve Ballmer reached an agreement to purchase the Los Angeles Clippers. His bid of $2 billion is three time larger than any previous sale of an NBA franchise. The sale must still be approved by the NBA Board of Governors. Donald...
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Update: Ballmer Wins Right To Clippers For Record $2 Billion
Thursday, May 29, 2014 - 7:41pm | 631Once the forlorn franchise of the entire NBA, the Los Angeles Clippers have reportedly netted the biggest sale in league history. The Los Angeles Times first reported that former Microsoft CEO Steve Ballmer has won the bidding war over the Clippers. The deal must receive the approval of the 29...
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Microsoft And Salesforce Ink Cloud Deal
Thursday, May 29, 2014 - 5:00pm | 734Sources close to the action told Bloomberg that Microsoft (NASDAQ: MSFT) and Salesforce (NYSE: CRM) were close to an agreement that would allow Microsoft customers on the company’s Azure cloud service to utilize Salesforce enterprise software. Those rumors were confirmed Thursday afternoon....
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5 Candidates To Purchase The Los Angeles Clippers
Wednesday, April 30, 2014 - 12:30pm | 1049The state that voted the biggest action movie star ever its governor and whose capital city's mayor-ship is in the hands of a former NBA all-star may have its once sad-sack franchise open for bidding. The fun is just beginning. Donald Sterling will soon be out. That's the plan NBA...