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Stock Market & Financial Investment News

News Breaks
November 19, 2012
06:50 EDTMSFTMicrosoft sees Windows Phone 7.8, 8 existing for 'quite some time,' TNW reports
Terry Myerson, the head of Windows Phone, says he believes that Windows Phone 7.8 and Windows Phone 8 will exist "for quite some time," The Next Web reports, citing TechRadar. He says Windows Phone 7.8 devices will span much lower price points than Windows Phone 8 devices. Reference Link
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January 26, 2016
08:26 EDTMSFTTwitter in play after executive departures, says Cantor
Cantor Fitzgerald analyst Youssef Squali believes yesterday's news of several senior executives leaving Twitter (TWTR) puts the company in play and could encourage potential bidders to step forward. Twitter's current valuation and sizeable user base makes it a strategic asset for a number of potential buyers, Squali told investors last night in a research note. Potential suitors on the technology side include Alphabet (GOOG, GOOGL), Facebook (FB) and Microsoft (MSFT), the analyst contends. On the media side, Squali thinks 21st Century Fox (FOXA), Disney (DIS), Comcast (CMCSA) or Time Warner (TWX) could express interest in Twitter. No concentration of share ownership and no super-voting structure increase the odds of a buyout, Squali argues. The analyst, however, adds that the executive departures are not good news for a company in the midst of a turnaround. He maintains a Buy rating on the microblogging operator with a $45 price target. Twitter closed yesterday down 82c, or 5%, to $17.02..
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