New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 2, 2013
14:08 EDTMSFT, ZNGAXbox head was unhappy about Microsoft reorganization plan, Fast Company says
Former Microsoft (MSFT) executive Don Mattrick reportedly decided to leave the company and become Zynga's (ZNGA) CEO because he was not happy with the role he was slated to receive at Microsoft following a reorganization there, Fast Company reported. Mattrick oversaw Microsoft's Xbox business and was slated to head a newly created hardware division following the reorganization, but wanted a bigger role, Fast Company explained, Phil Spencer, head of Microsoft Studios may replace Mattrick at Microsoft, the website added. Reference Link
News For MSFT;ZNGA 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 24, 2015
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
Subscribe for More Information
07:02 EDTMSFTMicrosoft upgraded to Buy from Neutral at Nomura
Subscribe for More Information
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
Subscribe for More Information
April 23, 2015
19:45 EDTMSFTMicrosoft sees Q4 devices, consumer licensing revenue 3.2B-$3.4B
Subscribe for More Information
19:16 EDTMSFTOn The Fly: After Hours Movers
Subscribe for More Information
17:57 EDTMSFTMicrosoft up 3% after reporting better-than-expected Q3 earnings
Subscribe for More Information
17:26 EDTZNGAZynga COO resigns
In a regulatory filing, Zynga reports that on April 19, Clive Downie provided notice of his resignation from his position as COO of Zynga, effective April 19.
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
Subscribe for More Information
16:07 EDTMSFTMicrosoft results include $190M of integration, restructuring expenses
Subscribe for More Information
16:05 EDTMSFTMicrosoft reports Q3 EPS ex-items 62c, consensus 51c
Subscribe for More Information
15:38 EDTMSFTEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
Subscribe for More Information
12:58 EDTMSFTMicrosoft April weekly volatility elevated into Q3 and outlook
Subscribe for More Information
12:47 EDTMSFTMicrosoft technical notes before earnings
Subscribe for More Information
April 22, 2015
10:01 EDTMSFTEY and Microsoft form strategic business relationship
Subscribe for More Information
08:16 EDTMSFTSeveral companies to benefit from hybrid cloud growth, says Pacific Crest
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