Activist Hedge Fund Takes Massive Stake in Microsoft (MSFT); Does He Want Ballmer's Head on a Stick?
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
UPDATE: ValueAct's Ubben: Microsoft is 'Compelling' Investment
April 22, 2013 12:26 PM EDT(Updated - April 22, 2013 12:30 PM EDT)
Following news out this morning that ValueAct took a $2 billion stake in Microsoft (Nasdaq:... More
Google (GOOG) Dips Early as Activist Fund Takes Large Stake in Rival Microsoft (MSFT)
April 22, 2013 9:54 AM EDTGoogle, Inc. (Nasdaq: GOOG) shares are slumping in early trading Monday following headlines earlier that hedge fund ValueAct is taking a $2 billion stake in peer Microsoft (Nasdaq: MSFT).
Google fell as much as 3.1... More
ValueAct to disclose $2 billion stake in Microsoft (MSFT) - CNBC Faber
April 22, 2013 9:10 AM EDTValueAct to disclose $2 billion stake in Microsoft Corp (NASDAQ: MSFT) - CNBC Faber... More