Oppenheimer Remains Bullish on Microsoft (MSFT) Following 2Q Results

Microsoft's (MSFT) Buy Rating Reaffirmed at Deutsche Bank

April 22, 2016 8:23 AM EDT

Deutsche Bank reaffirmed a Buy rating on Microsoft (NASDAQ: MSFT) with a price target of $65. Comments follow the release of Q3 results.

"MSFT posted an in-line 3QF16 print, as revs of $22.1b (+5% in c/c, above the growth rate for most large-cap enterprise tech peers) matched the guidance... More

Jefferies Reiterates Underperform on Microsoft (MSFT) Following 3Q Earnings Report

April 22, 2016 7:12 AM EDT

Jefferies maintained an Underperform rating and $40.00 price target on Microsoft (NASDAQ: MSFT) following the company's 3Q earnings report. Non-GAAP EPS of $0.62 on revenue of $22.076B was about in line with consensus estimates of $0.64 and $22.089B.

Analyst John DiFucci commented, "MSFT... More

After-Hours Stock Movers 04/21: (AMD) (HBI) (SHLD) Higher; (SAM) (GOOGL) (MSFT) (V) (SBUX) Lower (more...)

April 21, 2016 6:00 PM EDT

Today's after-hours stock movers:

Advanced Micro Devices (NASDAQ: AMD) 24% HIGHER; reported Q1 EPS of ($0.12), $0.01 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $832 million versus the consensus estimate of $818.16 million. For Q2 2016, AMD expects revenue to increase 15 percent, plus or minus 3 percent, sequentially.

Lakeland Industries (NASDAQ: LAKE) 15.6% LOWER; reported Q4 EPS of ($0.01), $0.16 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $20.5 million versus the consensus estimate of $22.65... More

Microsoft revenue, profit miss estimates

April 21, 2016 4:14 PM EDT

(This April 21 story fixes the headline to "miss" from"misses")

(Reuters) - Microsoft Corp (NASDAQ: MSFT) reported results that fell short of analysts' expectations, showing its high-profile cloud business cannot quite make up for a slowing personal-computer market.

Shares fell 5 percent in after hours trade to $52.92.

Two of Microsoft's three major businesses showed lower operating profits, led by what Microsoft calls its intelligent cloud division, which includes its Azure cloud-services business as well as traditional server software. Despite revenue at Azure more than doubling, revenue in the division grew just 3... More

Microsoft (MSFT) Misses Q3 EPS by 2c

April 21, 2016 4:08 PM EDT

(Updated - April 21, 2016 4:08 PM EDT)

Microsoft (NASDAQ: MSFT) reported Q3 EPS of $0.62, $0.02 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $20.5 billion versus the consensus estimate of $22.09 billion.

Organizations using digital technology to transform and drive new growth increasingly choose Microsoft as a partner, said Satya Nadella, chief executive officer at Microsoft. As these organizations turn to us, were seeing momentum across Microsofts cloud services and with Windows 10.

Our continued... More

Microsoft (MSFT) Looking at LinkedIn (LNKD) Takeover?

April 21, 2016 2:17 PM EDT

As LinkedIn (NYSE: LNKD) investors await earnings next week, shares bustled on rumors that tech behemoth Microsoft (NASDAQ: MSFT) could target the company in a takeover.... More

LinkedIn (LNKD) on Watch Amid Unconfirmed Market Chatter

April 21, 2016 10:09 AM EDT

LinkedIn (NYSE: LNKD) was on watch Thursday morning amid unconfirmed market chatter involving possible interest from Microsoft (NASDAQ: MSFT).

... More

Trading Radar for 4/21: Microsoft (MSFT), GM (GM), Verizon (VZ), Visa (V), Blackstone (BX), Under Armour (UA) Report

April 20, 2016 2:13 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 263kContinuing Claims - no Street consensusPhiladelphia Fed - Street sees 9.9

9:00am EDT

FHFA Housing Price Index - no Street consensus

Earnings:

AZZ, Inc. (NYSE: AZZ) - consensus EPS $0.67
Alaska Air Group (NYSE: ALK) - consensus EPS $1.42
Alliance Data Systems (NYSE:... More

Microsoft says game over for Xbox 360

April 20, 2016 1:15 PM EDT

(Reuters) - Microsoft Corp (NASDAQ: MSFT) said on Wednesday it would stop production of its popular Xbox 360 video game console, which helped the company gain a firm foothold in the market.

More than 80 million units of the console have been sold since it was launched in 2005.

Xbox 360 also introduced Microsoft's Kinect motion-sensing game... More

Streetinsider.com's Hot Lunchtime Reads 4/20: (NVS) (BLUE) (MSFT) (DISH)

April 20, 2016 12:09 PM EDT

The following is a list of notable articles to help get you through the lunch hour:Novartis (NVS) Announces Afinitor Phase 3 Data Showing Significant Reduction in Seizures Associated with TSC ->... More

EMEA PC Shipments Fell 10% in Q1 - Gartner (MSFT) (INTC) (AAPL)

April 20, 2016 11:45 AM EDT

PC shipments in Europe, the Middle East and Africa (EMEA) totaled 19.5 million units in the first quarter of 2016, a 10 percent decline from the first quarter of 2015, according to preliminary results by Gartner, Inc.

"While the decline in the EMEA PC market is similar to the 9.6 percent decline seen worldwide, there are some differences in the region," said Isabelle Durand, principal analyst at Gartner. "In EMEA we saw many distinct factors cause clear splits... More