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Stock Market & Financial Investment News

News Breaks
April 8, 2014
11:55 EDTNOK, MSFTNokia advances after securing Chinese approval for Microsoft deal
Shares of Nokia (NOK) are higher this morning after a deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) received regulatory approval in China. WHAT'S NOTABLE: Nokia won approval from China's Ministry of Commerce, the country's competition authority, to sell its mobile phone business to Microsoft for EUR5.4B, or about $7.4B. In addition to China, Nokia and Microsoft have now received regulatory approvals from the U.S. Department of Justice, the European Commission and numerous other jurisdictions. Nokia and Microsoft believe the transaction will close this month. WHAT'S NEW: Nokia said in a statement that that several competition authorities around the world reviewed Nokia's patent licensing practices in the regulatory approval process. The company said "no authority" challenged Nokia's compliance with its fair, reasonable and non-discriminatory, or FRAND, undertakings related to standard-essential patents or requested that Nokia make changes to its licensing program or royalty terms. The closing of the transaction is still subject to regulatory approvals and other customary closing conditions. PRICE ACTION: Nokia shares trading in New York advanced 39c, or 5.4%, to $7.61 in late-morning trading, while Microsoft was nearly flat at $39.72.
News For NOK;MSFT From The Last 14 Days
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July 15, 2014
08:35 EDTMSFTCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
07:24 EDTMSFTMicrosoft to hold a conference
MSFT Worldwide Partner Conference to be held in Washington, D.C. on July 13-17.
07:23 EDTMSFTFortune to hold a conference
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06:24 EDTMSFT, NOKMicrosoft poised to make job reductions, Bloomberg says
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06:06 EDTMSFTElectronic Arts names Ken Moss as Chief Technology Officer
Electronic Arts (EA) announced on its website that it has named Ken Moss as its Chief Technology Officer. As CTO, Ken will lead the organization, strategy and vision for EA’s Digital Platform and Information Technology divisions. Moss comes to EA most recently from eBay (EBAY), where he led the Marketplace Technology, Science and Data global organization. He is a 20-year veteran of Microsoft (MSFT), where he founded and led the engineering and product teams on Search -- which later became Bing -- and played an important role in Microsoft’s transition to large-scale services. Reference Link
July 14, 2014
08:46 EDTMSFTItron selects Microsoft Azure as preferred cloud platform
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08:34 EDTMSFTPC market stability could be short-lived, Reuters says
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07:48 EDTMSFTQuantum computer company D-Wave may come public, FT says
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06:10 EDTNOKTaiwan touch panel makers see more orders from handset vendors, DigiTimes says
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06:08 EDTMSFTMicrosoft confirms plans to discontinue MapPoint, Streets & Tips
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06:05 EDTMSFTMicrosoft to expand coverage of free Windows licensing, DigiTimes reports
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July 11, 2014
11:57 EDTMSFTMicrosoft acquires InMage, terms not disclosed
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July 10, 2014
10:22 EDTMSFTMicrosoft CEO prepares reshaping plans
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06:29 EDTMSFTMicrosoft, Vitalwerks settle lawsuit, WSJ reports
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06:26 EDTMSFTTablet quarterly shipments fall for first time to 56M on year, DigiTimes says
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06:18 EDTMSFTIDC: PC shipments in mature regions stabilizes market in Q2, DigiTimes
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July 9, 2014
11:00 EDTMSFTWells says VMware growth could slow, downgrades shares
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08:31 EDTMSFTVMware CEO sees EMC helping it remain independent, WSJ reports
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06:36 EDTMSFTMicrosoft warns of support deadlines for Windows 7
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06:24 EDTMSFTGoogle Cloud Storage offering 2 TB of free storage through partner, WSJ reports
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