-
Introducing Microsoft's New, Cheaper Office Suite
Monday, March 17, 2014 - 1:56pm | 556It’s called Office 365 Personal and Microsoft (NASDAQ: MSFT) said Sunday the new cloud-based version of its popular productivity software would work just like the conventional program and include Access, Excel, PowerPoint and Word. Office 365 Personal will sell for $69.99 a year or $6.99 a...
-
Here's Why You Should Expect An Upside To Apple Shares When Tim Cook Retires
Friday, March 14, 2014 - 11:50am | 586Could Apple (NASDAQ: AAPL) benefit from another executive shuffle? Between Peter Oppenheimer's retirement, the removal of Scott Forstall and a handful of other execs coming and going, Apple is slowly becoming a different company. Global Equities Research analyst Trip Chowdhry -- one of the...
-
Is Apple VP Luca Maestri A Good Replacement For Peter Oppenheimer?
Tuesday, March 4, 2014 - 4:39pm | 922Apple's (NASDAQ: AAPL) finances are about to be placed in new hands. The Cupertino, California-based tech giant has announced that its Senior VP and Chief Financial Officer, Peter Oppenheimer, will retire at the end of September. Oppenheimer joined Apple in 1996 and became CFO in 2004. He...
-
Market Wrap For February 4: Investors And Traders Go Bargain Hunting
Tuesday, February 4, 2014 - 5:40pm | 2983U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....
-
5 Unusual Things You Should Know About Microsoft's New CEO, Satya Nadella
Tuesday, February 4, 2014 - 4:30pm | 108Microsoft's (NASDAQ: MSFT) new chief executive is sure to get a lot of media coverage this week. Many bloggers are already discussing Satya Nadella's roots in India, his appreciation for the cloud and his long tenure (22 years) at Microsoft. But there are a number of details that investors may...
-
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,...
-
Will 'Innovator-in-Chief' Be Bill Gates' New Role at Microsoft?
Monday, February 3, 2014 - 2:08pm | 573As Microsoft (NASDAQ: MSFT) appeared about to name Satya Nadella its new CEO to replace retiring chief, Steve Ballmer, questions continued to surround co-founder, Bill Gates – especially with regard to his role following the upcoming changing of the guard. Bloomberg reported Monday that sources...
-
Reports: Microsoft Will Pick Satya Nadella and Bill Gates Will Step Down
Friday, January 31, 2014 - 11:46am | 645Multiple sources told several news outlets that Microsoft (NASDAQ: MSFT) enterprise and cloud boss, Satya Nadella, would be the company’s next CEO, replacing Steve Ballmer, who plans to retire. In addition, people with knowledge of the process told Bloomberg the Microsoft board was...
-
Microsoft Rises 3% After Q2 Earnings Beat
Thursday, January 23, 2014 - 5:29pm | 341Microsoft (NASDAQ: MSFT) is up more than three percent in after hours trading after the company reported its second quarter results. The Windows maker reported a Q2 EPS of $0.78 versus the Street estimate of $0.68. Earnings per share were up three percent from the year-ago period. Revenue came...
-
Ericsson CEO Hans Vestberg Said To Be On Microsoft CEO Short List
Friday, January 17, 2014 - 1:58pm | 582Bloomberg reported Thursday that sources told it Microsoft (NASDAQ: MSFT) was considering Ericsson (NASDAQ: ERIC) chief, Hans Vestberg to succeed Steve Ballmer. In addition to Vestberg, Bloomberg said its sources indicated Microsoft’s Satya Nadella, along with former Nokia (NYSE: NOK) CEO,...
-
Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
-
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...
-
Market Wrap For November 29: Early Closing Bell And End To November
Friday, November 29, 2013 - 2:29pm | 1069Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...
-
CEO Turnovers the Highest Since 2008, Bloomberg Reports
Tuesday, November 26, 2013 - 4:57pm | 392Steve Ballmer's departure as CEO at Microsoft (NASDAQ: MSFT), and the company's publicized search for a replacement, has dominated headlines in recent months. The company is one of many that is in the process, or have already made changes at the most senior level. Bloomberg reports U.S....
-
Market Wrap For November 18: Markets Hit New Highs Before Carl Icahn Comments
Monday, November 18, 2013 - 5:53pm | 1763Asian markets set the tone for Monday's trading session with Hong Kong and Shanghai indices receiving a boost from China's reforms which will open up the country's financial sector and ease restrictions on investments. Europe followed suit with major indices inching higher. It was only...