Microsoft (MSFT) Investors Cheer Ballmer's Departure
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Nokia's (NOK) Steven Elop Likely Choice for Microsoft's (MSFT) Next CEO
August 26, 2013 9:53 AM EDTNokia'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
'New Blood' a Positive for Microsoft (MSFT) - Oppenheimer
August 23, 2013 12:31 PM EDTOppenheimer 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
Who Microsoft (MSFT) Needs as CEO Won't Come From Microsoft...
August 23, 2013 11:49 AM EDTEnjoy the Microsoft (Nasdaq: MSFT) pop while you can.
As most investors know, Microsoft is a sloth-y, dividend-paying stock which no one really expects to go anywhere. Well, that somewhere is today with Steve Ballmer announcing plans to step down within 12 months. The move follows an organizational restructuring last July that saw plenty of management changes and a new focus for the company.
Unfortunately, Microsoft stock has been largely nonreactive to the news. Shares popped a little in July, but fell back to the low $30s this month.... More
Ballmer's Microsoft (MSFT) Stake is Up ~$730M on Retirement News
August 23, 2013 9:40 AM EDTSteven Ballmer is retiring as Microsoft (NYSE: MSFT) CEO within 12 months, the company said today.
Based on the most recent financial data, Ballmer holds about 333,252,990 shares of Microsoft. With the stock's $2 gain today, he is up $672,505,980 or so early on... More
Microsoft (MSFT) Shares Surge on Ballmer Retirement News
August 23, 2013 9:10 AM EDTShares of Microsoft Corp (NASDAQ: MSFT) are rocketing 8% higher on news CEO Steve Ballmer will retire within 12 months.... More
Microsoft (MSFT) CEO Steve Ballmer to Retire Within 12 Months
August 23, 2013 9:02 AM EDTMicrosoft (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
