The bank pledged to raise the dividend and increase stock buybacks. It gave scant details, but investors still welcomed the news. Until just recently, the bank concentrated its excess capital toward finishing the purchase of Morgan Stanley
Microsoft stock bounced today after a positive report from Bank of America Merrill Lynch. The shares have been trending downward since the company’s earnings report more than a week ago, but they’re up 1.58% at $50.66 today. Still, they …
NEW YORK (CNNMoney) - 2017 is clearly the year of Big Tech. Amazon and Google owner Alphabet's stocks are trading at records. Amazon briefly topped the $1,000 mark Tuesday and Alphabet is flirting with it. Apple, Netflix and Facebook …
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Microsoft(s msft) stock hit a pretty healthy high of $42.47 Tuesday morning, fueled by a positive research note and continued talk that the company will cut a significant number jobs — with the layoffs probably coming this week. In a …
SAN FRANCISCO • Microsoft's focus on business software and online services paid off with a surprisingly high profit in its latest quarter, putting its stock on a trajectory toward its all-time high. The fiscal first-quarter results released Thursday ...
In a statement posted on Microsoft’s website this morning, Steve Ballmer, CEO since 2000, announced that he will retire within the next 12 months. Ballmer took over the reins of the company from founder Bill Gates, and has presided over …
Microsoft repurchased $4.3 billion of its shares during its fiscal fourth quarter, and returned another $2.5 billion to shareholders in the form of dividends. The total is nearly double the amount from last year, said finance chief Amy …
San Francisco • Microsoft's focus on business software and online services paid off with a surprisingly high profit in its latest quarter, putting its stock on a trajectory toward its all-time high. The fiscal first-quarter results released Thursday ...