Ballmer's Microsoft (MSFT) Stake is Up ~$730M on Retirement News
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August 26, 2013 9:53 AM EDT
Nokia's (NYSE: NOK) Steven Elop is the most likely choice as Microsoft's (Nasdaq: MSFT) next CEO, thinks Wells Fargo analyst Jason Maynard. Maynard noted that he is well respected inside and outside of Microsoft and has both directly and indirectly contributed to the current business model.... More
August 23, 2013 12:31 PM EDT
Oppenheimer analyst Shaul Eyal said news that Microsoft (NASDAQ: MSFT) CEO Steve Ballmer is retiring is a "positive."
"In our view, this a positive move for MSFT as the company continues to navigate its transition from a pure software company to... More
August 23, 2013 10:54 AM EDT
On Friday Microsoft (NASDAQ: MSFT) stock climbed after the company announced that Chief Executive Officer Steve Ballmer has decided to retire within the next 12 months. Given the stock's lack luster performance under Ballmer's leadership, few are surprised with the stock's positive reaction.
"We think this announcement will be viewed favorably by investors, as many are looking for some sort of shot of adrenaline for the... More
August 23, 2013 9:02 AM EDT
Microsoft (NASDAQ: MSFT) CEO Steve Ballmer to retire within 12 months.
Microsoft Corp. today announced that Chief Executive Officer Steve Ballmer has decided to retire as CEO within the next 12 months, upon the completion of a process to choose his successor. In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the... More
