Microsoft (MSFT) Moves Higher Following RIM (RIMM) CEO Change
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Price: $383.34 -1.41%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +14.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +14.7%
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Microsoft (Nasdaq: MSFT) is continuing higher Monday, hitting a new mark of $29.93 shortly after the open.
Investors might be piling in following the management change at Research In Motion (Nasdaq: RIMM) which saw the company tap former COO Thorsten Heins. RIM shares are off about 7 percent on the move.
Heins said he expects BlackBerry 10 to remain a top-three mobile OS, but also signaled there didn't need to be a major change at the company during the company's conference call this morning.
Microsoft is up 0.6 percent as investors remain cautious.
Investors might be piling in following the management change at Research In Motion (Nasdaq: RIMM) which saw the company tap former COO Thorsten Heins. RIM shares are off about 7 percent on the move.
Heins said he expects BlackBerry 10 to remain a top-three mobile OS, but also signaled there didn't need to be a major change at the company during the company's conference call this morning.
Microsoft is up 0.6 percent as investors remain cautious.
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