New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
06:45 EDTT, MSFTMicrosoft launches tablet with LTE service
Microsoft (MSFT) yesterday announced a new version of its Surface tablet that provides 4G LTE service from AT&T (T), the tech giant stated. Previous versions of the device only offered WiFi Internet connections. The Surface 2 will cost $679, Microsoft added. Reference Link
News For MSFT;T From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
April 21, 2015
07:30 EDTMSFTMicrosoft volatility elevated into Q3 and outlook
Subscribe for More Information
06:04 EDTMSFTYahoo, Microsoft add termination clause to search deal
Subscribe for More Information
April 20, 2015
05:51 EDTMSFTEU calls for 'level playing field' in telecoms market, Financial Times reports
Subscribe for More Information
April 19, 2015
16:51 EDTMSFTFireEye labs detected limited APT campaign
Subscribe for More Information
April 17, 2015
13:39 EDTMSFTElectronic Arts says Star Wars Battlefront begins shipping November 17
Subscribe for More Information
12:39 EDTMSFTMicrosoft weekly volatility elevated into Q3 and outlook
Subscribe for More Information
11:20 EDTMSFTGoogle deal possible after Yahoo amends search pact with Microsoft, analyst says
Subscribe for More Information
10:19 EDTMSFTAnalyst says AMD driving close to cliff after Q1 miss
Subscribe for More Information
07:15 EDTMSFTYahoo search deal with Google could add $10/share, says Jefferies
Subscribe for More Information
06:33 EDTMSFTChina suspends new bank technology policy, NY Times reports
Subscribe for More Information
April 16, 2015
11:54 EDTMSFTYahoo gets more flexibility with new Microsoft agreement, says Cantor
Subscribe for More Information
09:01 EDTMSFTMicrosoft, Yahoo agree to amend search partnership
Subscribe for More Information
09:00 EDTMSFTMicrosoft, Yahoo agree to amend search partnership
Subscribe for More Information
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
06:46 EDTTAT&T files lawsuit to challenge net neutrality order, WSJ says
AT&T filed a lawsuit to overturn the FCC's net neutrality order to reclassify the internet as a telecommunications service, reports the Wall Street Journal. The move is surprising, as AT&T didn't join in prior suits, the Journal adds. Reference Link
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.
April 14, 2015
12:40 EDTTPCTEL lowers FY15 revenue to $124M-$130M from $133M-$138M, two estimates $130M
Following its March 5 acquisition of Nexgen Wireless, PCTEL (PCTI) reported in a regulatory filing earlier that on April 7, Samsung Electronics America, a Samsung (SSNLF) subsidiary, provided Nexgen and PCTEL with a notice of Samsung’s election to terminate, effective April 30, the contractor services agreement between Samsung and Nexgen. Nexgen furnishes services to Samsung under the CSA including Meridian software-based services and contract personnel. The termination applies to the CSA only and will have no effect on other agreements between Samsung and Nexgen or PCTEL. The company continues to forecast 15%-18% revenue growth over FY14 and views the Nexgen acquisition as accretive to earnings in FY15. The company has revised its overall revenue forecast for FY15 in light of reduced business with Samsung, the reduction in capital spending by AT&T (T), and a decline in new network infrastructure investment in the oil and gas market. The company has revised revenue guidance from $133M-$138M to $124M-$130M. Finally, the company and Nexgen have signed a term sheet calling for a material reduction of the total consideration paid or payable by PCTEL for the Nexgen assets, and a material reduction of the equity compensation for which John Thakkar, the founder and president of Nexgen, will be eligible. These reductions seek to align the asset acquisition costs with the revised revenue and EBITDA estimates.
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
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
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use