Daily Stocks News » MSFT

Microsoft Increases Quarterly Dividend By 22%, Announces $40bn Share Repurchase Program

Warren Paige — Tue, 17 Sep 2013 16:02:03 +0000

Microsoft Corporation (NASDAQ: MSFT) announced a new $40 billion stock buyback plan on Tuesday. Shares gained following the announcement. The Company’s previous share repurchase program will expire on Sept. 30. Separately, the tech giant lifted its quarterly dividend by 22% to 28 cents. The dividend will be payable on November 21, the company said. Commenting [...]

Microsoft Patent Sale: Judge Rejects Lawsuit Against AOL

Warren Paige — Tue, 20 Aug 2013 10:28:24 +0000

A federal judge on Monday rejected a lawsuit against AOL Inc. (NYSE: AOL). Litigants in this case had accused AOL and some of its executives for fraud. They said that the company deliberately bought 14.8 million shares in 2011, keeping investors in dark about its plans to sell $1 billion worth patents to Microsoft Corp. [...]

Major Movers on July 19; GE, GOOG, MSFT, AMD, CMG, WHR

Warren Paige — Fri, 19 Jul 2013 17:46:43 +0000

Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation. The company said that faster-than-expected shrinkage in its GE Finance unit hurt its revenue. For [...]

Don Mattrick to Replace Pincus as Zynga’s New Chief Executive Officer (ZNGA)

Warren Paige — Tue, 02 Jul 2013 08:47:28 +0000

Embattled online social gaming services provider, Zynga Inc. (NASDAQ: ZNGA) announced on Monday that Don Mattrick will serve as its both new Chief Executive Officer and a member of the board directors , effective July 8 2013. Mattrick, who previously oversaw several business development projects at Microsoft Corp. (NASDAQ: MSFT), brings more than thirty years [...]

Major Movers on June 20; MU, NOK, MSFT, GME, RAD, FNSR, WMGI

Warren Paige — Thu, 20 Jun 2013 18:42:49 +0000

Micron Technology Inc, (NASDAQ: MU) plunged about 3.15% by afternoon trade. Across-the-board sell-off in U.S. equities on Thursday could be the only reason why Micron shares are sliding. The Company handed better-than-expected fiscal third quarter results on Wednesday. For the quarter, the company reported adjusted earnings of 4 cents a share on revenue of $2.32 [...]

Microsoft Shows Interest in Buying Nook’s E-Reader Business (BKS, MSFT)

Warren Paige — Thu, 09 May 2013 16:07:00 +0000

Shares of Barnes & Noble (NYSE: BKS) soared on Thursday after TechCrunch reported that Microsoft Corp. (NASDAQ: MSFT) has considered offering the bookseller $1 billion to acquire its e-reader (tablet) business.

Shares were gaining about 21% in early trade as investors are expecting a possible deal for the Nook Media’s digital arm.

Currently, Microsoft [...]

Major Movers on April 19; RH, VRTX, IBM, ACTG, MSFT, EFII

Warren Paige — Fri, 19 Apr 2013 18:25:02 +0000

Restoration Hardware Holdings Inc. (NYSE: RH) skyrocketed about 20% by midday trading after the home furnisher, late last evening reported very strong fiscal fourth quarter results and provided upbeat guidance on the fiscal first quarter and full-year. The Company reported earnings of 64 cents a share, while analysts’ consensus estimate was for earnings of 60 [...]

Major Movers on April 11; MSFT, ROST, FTNT, APOG, XRX, RT, IART, ZUMZ

Warren Paige — Thu, 11 Apr 2013 18:09:07 +0000

Shares of Microsoft Corporation (NASDAQ: MSFT), Hewlett-Packard Company (NYSE: HPQ) slumped on Thursday after market research consulting firm IDC said that sales of PCs tumbled 12.9% in the first quarter of the current year, a steepest decline in quarterly sales since 1994 when IDC started keeping track on quarterly PC sales.

Shares of Ross [...]