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Stock Market & Financial Investment News

News For DELL;MSFT;BBRY;LNKD;CMG From The Last 14 Days
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April 24, 2015
16:31 EDTMSFT, CMGStocks finish week higher following strong tech earnings
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16:19 EDTMSFTOn The Fly: Top stock stories for Friday
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16:14 EDTBBRYBlackBerry considers shutting down Sweden operations, WSJ reports
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16:00 EDTMSFTOptions Update; April 24, 2015
iPath S&P 500 VIX Short-Term Futures down 21c to 20.89. Option volume leaders: AAPL AMZN PBR RIG GOOG TWTR TSLA MSFT ALTR according to Track Data.
12:49 EDTMSFTOn The Fly: Top stock stories at midday
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10:22 EDTCMGOptions with decreasing implied volatility
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10:00 EDTMSFTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AT&T (T) upgraded to Outperform from Neutral at Macquarie... Alaska Air (ALK) upgraded to Buy from Neutral at Buckingham... Amazon.com (AMZN) upgraded at Raymond James... American Electric (AEP) upgraded to Buy from Hold at Deutsche Bank... Broadridge (BR) upgraded to Buy from Hold at Evercore ISI... Cablevision (CVC) upgraded to Hold from Sell at Brean Capital... Cisco (CSCO) upgraded to Conviction Buy from Buy at Goldman... Core Laboratories (CLB) upgraded to Outperform from Sector Perform at Iberia... Crown Castle (CCI) upgraded to Outperform from Market Perform at Raymond James... Encore Wire (WIRE) upgraded to Buy from Neutral at Sidoti... Gigamon (GIMO) upgraded to Buy from Neutral at DA Davidson... Juniper (JNPR) upgraded on improved outlook at RBC Capital... KPN (KKPNY) upgraded to Buy from Neutral at Goldman... Knight Transportation (KNX) upgraded to Outperform from Market Perform at Avondale... Mattel (MAT) upgraded to Buy from Neutral at Goldman... Microsoft (MSFT) upgraded to Buy from Neutral at Nomura... Premiere Global (PGI) upgraded to Outperform from Market Perform at Raymond James... Quintiles (Q) upgraded to Buy from Hold at Jefferies... Southwestern Energy (SWN) upgraded to Market Perform at Raymond James... TE Connectivity (TEL) upgraded on positive catalysts at SunTrust... Target (TGT) upgraded to Buy from Neutral at BofA/Merrill... TriState Capital (TSC) upgraded to Overweight from Equal Weight at Stephens... United Continental (UAL) upgraded to Buy from Hold at Evercore ISI... Vipshop (VIPS) upgraded to Buy from Hold at HSBC... Vocera (VCRA) upgraded to Buy from Hold at Craig-Hallum.
09:37 EDTMSFTActive equity options trading on open
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09:20 EDTMSFTOn The Fly: Pre-market Movers
UP AFTER EARNINGS: eHealth (EHTH), up 24.7%... Starbucks (SBUX), up 4.2%... Microsoft (MSFT), up 5.2%... Google (GOOG, GOOGL), up 3.2% and up 3.7%, respectively... Amazon (AMZN), up 12% after reporting quarterly results and announcing shopping app for Apple Watch... Gigamon (GIMO), up 16.5%... Juniper Networks (JNPR), up 6.6%. ALSO HIGHER: Molycorp (MCP), up 10.2% following a Bloomberg report that China's export tax decision may boost rare earth demand... Mattel (MAT), up 4.4% after being upgraded to Buy from Neutral at Goldman... Innocoll (INNL), up 13.1% after 3.3M share Secondary priced at $9.00... Cytosorbents (CTSO), up 9.7% after CEO comments on CytoSorb in letter to shareholders. DOWN AFTER EARNINGS: Biogen (BIIB), down 4.7%... Altera (ALTR), down 1.7%... Pandora (P), down 4%... ResMed (RMD), down 8.7%... Xerox (XRX), down 4.7%... HomeAway (AWAY), down 3.6% after reporting quarterly results and departure of officers. ALSO LOWER: Ubiquiti (UBNT), down 14.4% following CFO resignation and preliminary third quarter results... 3D Systems (DDD), down 10.4% after reporting preliminary first quarter results... StemCells (STEM), down 23.2% after filing to sell common stock... Aerie Pharmaceuticals (AERI), down 54.7% after Rhopressa Phase 3 trial did not meet primary endpoint.
07:33 EDTMSFTNomura's Shurland upgrades Microsoft to Buy citing expected 2016 acceleration
Nomura's Richard Shurland upgraded Microsoft to Buy from Neutral with a $50 price target. Shurland said Microsoft's Q3 results reflected difficult comps and core business weakness due to the transition to cloud, but results were better than guidance. The analyst said there is emerging evidence that Azure has turned positive on gross margins and Office 365 margins have expanded sharply. Shurland believes Microsoft will begin to show low single digit revenue growth in 2016, with about 10% EPS growth from share repurchase leverage and with a 2.9% dividend yield. He also said he views valuation as reasonable.
07:26 EDTMSFTMicrosoft price target raised to $50 from $47 at RBC Capital
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07:02 EDTMSFTMicrosoft upgraded to Buy from Neutral at Nomura
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06:31 EDTMSFTMicrosoft estimates more likely to go down than up, says Citigroup
Citigroup attributes the majority of Microsoft's earnings beat to "significantly" lower than expected operating expenses and it no longer expects next week's analyst day to be a negative catalyst as the company said FY16 guidance won't be given. Citi, however, still believes estimates are too high and are more likely to go down than up. It expects Microsoft shares to underperform and reiterates a Sell rating on the stock. It raised its price target for shares to $37 from $36.
06:30 EDTMSFTAmazon facing tough competition in cloud computing, NY Times says
Amazon (AMZN) remains dominant in cloud computing services, but other huge tech players, some of whom have many more resources than the e-commerce company, have entered the fray, according to The New York times. Microsoft (MSFT), the distant number two in the space, is especially committed to cloud computing services and its business is growing quickly, although analysts believe that tt may have difficulty signing up smaller companies, the newspaper stated. Reference Link
06:16 EDTMSFTEU considers new regulator to oversee internet companies, WSJ reports
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April 23, 2015
19:45 EDTMSFTMicrosoft sees Q4 devices, consumer licensing revenue 3.2B-$3.4B
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19:16 EDTMSFTOn The Fly: After Hours Movers
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17:57 EDTMSFTMicrosoft up 3% after reporting better-than-expected Q3 earnings
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16:11 EDTMSFTMicrosoft reports Q3 Commercial revenue grew 5% to $12.8B
Commercial revenue grew 5%, up 7% in constant currency, to $12.8B. Commercial cloud revenue grew 106%, up 111% in constant currency, driven by Office 365, Azure and Dynamics CRM Online, and is now on an annualized revenue run rate of $6.3B. Server products and services revenue grew 12%, up 16% in constant currency, with premium versions of Windows Server, System Center Server and SQL Server together growing 25%.
16:10 EDTMSFTMicrosoft reports Devices and Consumer revenue grew 8% to $9B
Devices and Consumer revenue grew 8%, up 11% in constant currency, to $9B. Office 365 Consumer subscribers increased to over 12.4M, up 35% sequentially. Windows OEM Pro revenue declined 19%, as Pro mix returned to pre-Windows XP end-of-support levels and the business PC market declined. Windows OEM non-Pro revenue declined 26%, primarily due to channel inventory drawdown and ongoing mix shift to opening price point devices. Search advertising revenue grew 21%, up 24% in constant currency, with Bing U.S. market share at 20.1%, up 150 basis points over prior year.
16:08 EDTMSFTMicrosoft says stronger U.S. dollar had 'significant' impact on Q3 results
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16:07 EDTMSFTMicrosoft results include $190M of integration, restructuring expenses
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16:05 EDTMSFTMicrosoft reports Q3 EPS ex-items 62c, consensus 51c
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15:38 EDTMSFTEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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14:25 EDTBBRYBlackBerry shares jump after MobileIron cuts Q1 revenue outlook
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12:58 EDTMSFTMicrosoft April weekly volatility elevated into Q3 and outlook
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12:47 EDTMSFTMicrosoft technical notes before earnings
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10:30 EDTCMGOptions with decreasing implied volatility
Options with decreasing implied volatility: NLNK PNK INFN WUBA MLNX CREE SKX CMG NOW FTNT
05:55 EDTCMGChipotle signs deal with Postmates for delivery service, Re/code reports
Chipotle has signed a deal with Postmates to begin delivery services, Re/code reports, citing comments from the company's conference call earlier this week. Mark Crumpacker, the company's Chief Creative Officer, said that the delivery service is currently available in about two dozen metro areas. Reference Link
April 22, 2015
16:44 EDTCMGOn The Fly: Top stock stories for Wednesday
Stocks on Wall Street began the session in positive territory, but turned negative shortly after the open. The downside move failed to gain momentum and the averages remained near the flat line for most of the morning. The market moved to session highs by mid-afternoon and drifted higher into the close, as investors prepared for another round of earnings reports. ECONOMIC EVENTS: In the U.S., existing home sales rose 6.1% to a 5.19M rate in March, which was better than the expected 3.1% increase to a rate of 5.03M. Crude oil inventories built up by 5.32M barrels last week, which was more than the consensus forecast for a 3.2M barrel build. In Asia, Japan's Nikkei 225 average closed above 20,000 for the first time since April 2000. In Europe, Germany raised its economic growth forecast for 2015 to 1.8%, which was up from the 1.5% growth it said it expected in January. COMPANY NEWS: Shares of Visa (V) rose $2.66, or 4.07%, to $68.01 and MasterCard (MA) advanced $3.43, or 3.91%, to $91.20 after China's State Council announced overnight that the country will regulate the market access for bankcard transaction clearing institutions, which analysts think might allow both companies to compete for the processing of domestic transactions in the country. Goldman Sachs said the overall rule is broader and simpler than expected, raising the possibility that Visa and MasterCard could operate more freely in China than the firm had previously expected... Shares of McDonald's (MCD) advanced $2.97, or 3.13%, to $97.84 after the company reported headline earnings that missed expectations but also said it is developing a turnaround plan to improve its performance and deliver "enduring profitable growth" that it plans to share in the first week of May. MAJOR MOVERS: Among the notable gainers was Organovo (ONVO), which surged 67c, or 14.99%, to $5.14 after disclosing the company entered into a multi-year research collaboration agreement with Merck (MRK) that gives the drugmaker access to Organovo’s commercial exVive3D Human Liver Tissue service. Also higher was Vitamin Shoppe (VSI), which gained $5.54, or 14.22%, to $44.50 after asset management firm Carlson Capital revealed that it had obtained a 5.34% stake in the company and said that it had held talks with the retailer of natural treatments, supplements and vitamins. Among the noteworthy losers was Natural Resource Partners (NRP), which dropped $1.38, or 19.94%, to $5.54 after the company slashed its quarterly distribution by 75% to 9c per unit. Also lower were shares of Chipotle Mexican Grill (CMG), which fell $51.29, or 7.41%, to $641.23 after the company reported lower than expected first quarter comparable sales growth of 10.4%. INDEXES: The Dow rose 88.68, or 0.49%, to 18,038.27, the Nasdaq gained 21.07, or 0.42%, to 5,035.17, and the S&P 500 advanced 10.67, or 0.51%, to 2,107.96.
12:31 EDTCMGOn The Fly: Top stock stories at midday
Stocks on Wall Street were higher at midday after having been on a bit of a see-saw during morning trading. The averages opened in positive territory, soon turned negative, then back into positive ground following the release of a better than expected existing home sales report. The housing data was followed by a lift in the averages, which remained in positive ground near noon. ECONOMIC EVENTS: In the U.S., existing home sales rose 6.1% to a 5.19M rate in March, which was better than the expected 3.1% increase to a rate of 5.03M. Crude oil inventories built up by 5.32M barrels last week, which was more than the consensus forecast for a 3.2M barrel build. In Asia, Japan's Nikkei 225 average closed above 20,000 for the first time since April 2000. In Europe, Germany raised its economic growth forecast for 2015 to 1.8%, which was up from the 1.5% growth it said it expected in January. COMPANY NEWS: Shares of McDonald's (MCD) advanced 2% after the company reported headline earnings that missed expectations but also said it is developing a turnaround plan to improve its performance and deliver "enduring profitable growth" that it plans to share in the first week of May. Also rising after its quarterly report was another globally recognized brand, Coca-Cola (KO), whose shares gained 1% after its comparable earnings per share topped the consensus estimate. A third member of the Dow, Boeing (BA), slid over 2.5% after its earnings beat expectations but its revenue fell short of the consensus forecast... Visa (V) rose 5% and MasterCard (MA) advanced over 4% after China's State Council announced overnight that the country will regulate the market access for bankcard transaction clearing institutions, which analysts think might allow both companies to compete for the processing of domestic transactions in the country. MAJOR MOVERS: Among the notable gainers was Angie's List (ANGI), which jumped 12% after the company reported it was profitable in the first quarter and announced an exclusive relationship that will see carpet manufacturer Shaw Industries give the company's members exclusive product offers. Also higher was ASML (ASML), which gained 11% after announcing that it has signed an agreement with one of its "major U.S. customers" to deliver a minimum of 15 ASML EUV, or Extreme Ultraviolet, lithography systems. Afterward, Summit Research said it thinks the most likely buyer is Intel (INTC), which the firm believes does not want to be left behind if TSMC (TSM) puts EUV to use in 10nm processing. Among the noteworthy losers was Natural Resource Partners (NRP), which dropped 19% after the company slashed its quarterly distribution by 75% to 9c per unit. Also lower following their earnings reports were ADTRAN (ADTN), which fell over 9%, Cree (CREE), which slid 9%, and Chipotle Mexican Grill (CMG), which declined 6%. INDEXES: Near midday, the Dow was up 28.69, or 0.16%, to 17,978.28, the Nasdaq was up 6.66, or 0.13%, to 5,020.77, and the S&P 500 was up 5.24, or 0.25%, to 2,102.53.
10:37 EDTCMGAnalysts upbeat on Chipotle despite comparable sales miss
The shares of Chipotle Mexican Grill (CMG) are falling after the company reported lower than expected first quarter comparable sales growth. Despite the miss, several research firms defended the stock and recommended buying the shares on weakness. BACKGROUND: Chipotle reported first quarter comparable restaurant sales growth of 10.4%, versus the consensus outlook of 11.8%. However, its earnings per share beat expectations, partly due to lower spending, while its revenue was roughly in-line with the consensus outlook. The Mexican restaurant operator guided to low-to-mid single digit comparable restaurant sales growth for the current fiscal year. ANALYST REACTION: In a note to investors earlier today, JPMorgan analyst John Ivankoe wrote that the short-term weakness in the stock creates an opportunity for longer-term investors. The company has numerous initiatives that will increase its sales, while its store count increased a higher than expected 10% year-over-year and its store margins increased 1.9 percentage points last quarter, the analyst stated. He kept a $730 price target and Overweight rating on the shares. Although many investors are reluctant to buy Chipotle's stock because it faces tougher comparisons for the rest of this year, the company has a number of positive catalysts, including inevitable price increases and comps that are likely to reaccelerate into 2016, wrote Oppenheimer analyst Brian Bittner. Additionally, the company's trend remains positive, while the impact of its Pizzeria Locale will increase sooner than expected, added the analyst ,who kept a $775 price target and Outperform rating on the shares. The structural elements of Chipotle's business remain very healthy, while the factors that caused its comp miss are temporary, wrote research firm Robert W. Baird, which believes that the stock has reached an attractive entry point for investors with a 6-12 month horizon. The firm kept an $800 price target and Outperform rating on the shares. Breaking the mostly bullish trend among research firms this morning, Raymond James downgraded Chipotle to Market Perform from Outperform following the Q1 report. The firm cited lower comparable sales visibility, which likely caps the stock's valuation. PRICE ACTION: In early trading, Chipotle fell 7.6% to $640 per share.
10:02 EDTCMGOn The Fly: Analyst Downgrade Summary
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10:01 EDTMSFTEY and Microsoft form strategic business relationship
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09:22 EDTCMGOn The Fly: Pre-market Movers
UP AFTER EARNINGS: CalAmp (CAMP), up 12.7%... Angie's List (ANGI), up 17.4%... Broadcom (BRCM), up 6.3%... Owens Corning (OC), up 3.8%... Yum! Brands (YUM), up 3.3%... Dolby Laboratories (DLB), up 3.6%... Infinera (INFN), up 2.4%... AutoNation (AN), up 2.5%... Amgen (AMGN), up 3.1%... Coca-Cola (KO), up 2%. ALSO HIGHER: Procera Networks (PKT) up 10.4% after being acquired by Francisco Partners in deal valued at $240M... Organovo (ONVO), up 19.2% after entering into a collaboration agreement with Merck Sharp and Dohme... Vical (VICL), up 5.8% after being awarded $4M contract to manufacture HIV vaccines for clinical evaluation... CTI BioPharma (CTIC), up 4.9% after announcing that Phase 3 pacritinib data will be highlighted in a late-breaking oral presentation at ASCO meeting. DOWN AFTER EARNINGS: Chipotle Mexican Grill (CMG), down 5.2%... iRobot (IRBT), down 3.6%... Cree (CREE), down 3.5%... United Rentals (URI), down 4%... Super Micro Computer (SMC), down 2.3%... Thermo Fisher (TMO), down 2.6%. ALSO LOWER: Natural Resource Partners (NRP), down 14% after reducing quarterly distribution 75% to 9c per unit... Trinity Industries (TRN), down 3.5% following a Bloomberg report that the Justice Department has initiated a criminal investigation into Trinity guardrails.
08:59 EDTCMGChipotle at attractive entry point for long-term investors, says Baird
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08:16 EDTMSFTSeveral companies to benefit from hybrid cloud growth, says Pacific Crest
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08:05 EDTCMGChipotle outlook still positive, says Oppenheimer
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06:46 EDTCMGChipotle should be bought on earnings weakness, says JPMorgan
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06:45 EDTCMGChipotle downgraded to Market Perform from Outperform at Raymond James
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05:50 EDTCMGStocks with implied volatility movement; CMG IP
Stocks with implied volatility movement; Chipotle (CMG) 37, International Paper (IP) 28 according to iVolatility.
April 21, 2015
19:48 EDTLNKDLinkedIn files patent for fact-checking system
LinkedIn has filed a patent for a fact-checking system. According to the filing, the system will compare information from the user to "one or more sources." Reference Link
19:06 EDTCMGOn The Fly: After Hours Movers
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16:14 EDTCMGChipotle exploring options to increase pork supply
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16:03 EDTCMGChipotle sees FY15 comp restaurant sales growing low-to-mid single digit
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16:02 EDTCMGChipotle reports Q1 EPS $3.88, consensus $3.66
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15:28 EDTCMGNotable companies reporting after market close
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13:52 EDTCMGChipotle April weekly 697 straddle priced for 6.9% movement into Q1
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13:47 EDTCMGChipotle technical view ahead of earnings
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13:34 EDTMSFTEarnings Watch: Yahoo shares dropped more than 6.5% since last earnings report
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09:09 EDTBBRYBlackBerry to acquire WatchDox, term not disclosed
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08:41 EDTCMGOptions expected to be active
Options expected to be active: UA TEVA PRGO MYL UTX QCOM VMW HOG CMG IBM VZ
07:37 EDTMSFTMad Catz Interactive extends agreement with Harmonix for Rock Band 4
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07:30 EDTMSFTMicrosoft volatility elevated into Q3 and outlook
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06:52 EDTCMGChipotle volatility elevated into Q1 and outlook
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06:16 EDTBBRYBlackBerry could acquire WatchDox for $150M-$200M, Globes reports
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06:04 EDTMSFTYahoo, Microsoft add termination clause to search deal
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April 20, 2015
14:49 EDTLNKDLinkedIn said to unveil Chinese social network product, Bloomberg reports
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07:16 EDTLNKDAmerica's Growth Capital to hold a conference
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05:51 EDTMSFTEU calls for 'level playing field' in telecoms market, Financial Times reports
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April 19, 2015
16:51 EDTMSFTFireEye labs detected limited APT campaign
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April 17, 2015
13:39 EDTMSFTElectronic Arts says Star Wars Battlefront begins shipping November 17
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12:39 EDTMSFTMicrosoft weekly volatility elevated into Q3 and outlook
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11:20 EDTMSFTGoogle deal possible after Yahoo amends search pact with Microsoft, analyst says
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10:19 EDTMSFTAnalyst says AMD driving close to cliff after Q1 miss
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08:47 EDTLNKDLinkedin May weekly volatility elevated into Q1 and outlook
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08:43 EDTLNKDLinkedIn should be bought ahead of results, says Pacific Crest
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07:15 EDTMSFTYahoo search deal with Google could add $10/share, says Jefferies
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07:11 EDTBBRYBlackBerry management to meet with UBS
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06:33 EDTMSFTChina suspends new bank technology policy, NY Times reports
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April 16, 2015
15:37 EDTCMGChipotle volatility elevated into Q1 and outlook
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11:54 EDTMSFTYahoo gets more flexibility with new Microsoft agreement, says Cantor
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10:00 EDTCMGOn The Fly: Analyst Initiation Summary
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09:01 EDTMSFTMicrosoft, Yahoo agree to amend search partnership
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09:00 EDTMSFTMicrosoft, Yahoo agree to amend search partnership
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06:08 EDTMSFTMicrosoft counceled EC in Google antitrust probe, NY Post says
Microsoft (MSFT) "complained a lot" and "definitely counseled" the European Commission in its antitrust investigation of Google (GOOG), reports the New York Post, citing a source with direct knowledge of the situation. Reference Link
April 15, 2015
17:25 EDTCMGChipotle initiated with a Buy at Guggenheim
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14:56 EDTLNKDLinkedIn VP of Marketing, Nick Besbeas, to leave at end of May, Re/code says
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10:00 EDTCMGOn The Fly: Analyst Initiation Summary
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07:42 EDTCMGChipotle near-term outlook positive, says Oppenheimer
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06:17 EDTMSFTCiti cuts Microsoft estimates, price target ahead of Q3 results
Ahead of the tech giant's Q3 results on April 23 and analyst day on April 29, Citigroup cut its below consensus estimates for Microsoft to reflect currency headwinds, lower PC units and reductions in commercial licensing. Citi's FY15, FY16 and FY17 earnings estimates now stand at $2.59, $2.71 and $2.90. The firm believes further contraction to Microsoft’s valuation multiple is possible given downside risk to consensus numbers and "medium-term uncertainty on multiple fronts." It believes the tech giant's strategic issues, including Windows challenges and the cloud transition, have no easy answers. Citi cut its price target for Microsoft shares to $36 from $38 and keeps a Sell rating on the name.
06:11 EDTBBRYBlackBerry implied volatility of 43 at lower end of index mean range
06:04 EDTCMGChipotle initiated with an Outperform at Cowen
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April 14, 2015
12:05 EDTLNKDMarketo engagement marketing platform to integrate with LinkedIn
Marketo (MKTO) announced it will partner with LinkedIn (LNKD) on a solution that connects LinkedIn's Lead Accelerator solution with Marketo's Engagement Marketing Platform. The combination "bridges the gap between digital, social and offline channels to enable marketers to engage in relevant conversations with customers wherever they are online," the company said. GE (GE) will pioneer the joint solution, Marketo announced.
11:16 EDTLNKDCredit Suisse's top Internet picks
Credit Suisse's top large-cap Internet picks remain Amazon.com (AMZN) for operating margin expansion and normalizing International growth, Facebook (FB) for underestimated long-term monitization potential from growing new products, and Google (GOOGL) for a slowdown in capex and narrowing of the mobile-desktop monetization gap. The firm's top small-cap picks are LinkedIn (LNKD) for the ramp of Sales Navigator and acceleration of Marketing Solutions and Yelp (YELP) because of reduced churn and increasing mobile traffic growth and ARPU.
11:04 EDTMSFTMicrosoft acquires Datazen Software, terms not disclosed
Microsoft announced in a blog post the acquisition of Datazen Software, "an industry leader in mobile business intelligence and data visualization on Windows, iOS and Android devices. This acquisition accelerates our Power BI strategy to help organizations create a data culture with easy-to-use, accessible tools to extract maximum value from data – from anywhere, on any device... Beyond great technology, this acquisition brings a group of talented people to Microsoft. They will help us continue to deliver a broad range of products and services that will empower organizations around the world capitalize on their data opportunities." Reference Link
06:28 EDTBBRYBlackBerry implied volatility of 43 at lower end of index mean range
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05:46 EDTMSFTMicrosoft's Surface 3 expected to see weak sales, DigiTimes Research reports
Microsoft's Surface 3 is expected to see low shipments and weak sales due to fiercer competition than those for its Surface Pro 3, reports DigiTimes Research. The Surface 3, priced over $600, is expected to only have limited impact on other branded 2-in-1 products, which are priced below $350 on average. Reference Link
05:46 EDTMSFTMicrosoft offers fee cut to attract vendors to pre-install apps, DigiTimes says
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April 13, 2015
12:02 EDTMSFTMicrosoft hires Kurt DelBene to head corporate strategy and planning
Microsoft announced that Kurt DelBene has been named executive vice president of Corporate Strategy and Planning reporting to Microsoft CEO Satya Nadella. DelBene is returning to Microsoft, where he was most recently president of the Microsoft Office Division. After leaving Microsoft in 2013, he then served as senior advisor to the Secretary of Health and Human Services where he was appointed by President Obama to oversee implementation and improvement of Healthcare.gov. He most recently has been a venture partner at Madrona Venture Group, concentrating on investing and advising in early stage, technology-focused startups in the Pacific Northwest.
07:10 EDTLNKDLinkedIn opens closed pilot for sharing app Elevate, TechCrunch says
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06:02 EDTBBRYBlackBerry implied volatility of 42 at lower end of index mean range
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April 12, 2015
19:01 EDTMSFTNokia maps unit HERE may be of interest to several tech firms, Re/code says
If Nokia is putting its mapping unit HERE up for sale it may draw interest from firms like Microsoft (MSFT), Yahoo (YHOO), Amazon (AMZN) and Apple (AAPL), says Re/code. Reference Link
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