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Stock Market & Financial Investment News

News Breaks
January 9, 2013
06:43 EDTMSFTMicrosoft retiring existing Messenger service on March 15, The Next Web reports
Microsoft (MSFT) is retiring the existing Messenger service globally on March 15, The Next Web reports, confirming the company is on schedule to make the move from Messenger to Skype. Messenger will continue to be available in mainland China. Reference Link
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December 4, 2014
07:25 EDTMSFTMicrosoft price target raised to $56 from $50 at Nomura
Nomura raised Microsoft's price target to $56 to reflect the new Board's potential return of cash to shareholders. The analyst believes the Board is looking at several scenarios that include a leveraged recapitalization to buy back half its stock over a multi-year period, to a more likely, 5%-10% repurchase of shares. The firm rates shares a Buy.
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