Wall Street expected Microsoft to post a slight gain in earnings for its fiscal fourth quarter, but that’s hardly what it delivered. Posting financials Thursday afternoon, Microsoft reported fiscal second-quarter earnings of 59 cents a share …
After a Jefferies Group analyst cut Microsoft's 2009 revenue forecasts, Microsoft's stock fell to its lowest levels since 1998. The projections were reduced due to "downward pressure on PC unit sales," not Vista or lawsuits. And indeed, …
Investors in Nokia welcomed the deal, sending shares in the company up some 40 percent to 4.12 euros in Helsinki. The 5.44 billion euros ($7.2 billion) deal announced late on Monday marks a major step in the company’s push to transform …
Microsoft Corp. is trying to lift its stock price by boosting its dividend 25 percent, the largest increase since the world’s largest software maker started the quarterly payments seven years ago. The change announced Tuesday will boost …
Microsoft Corp. will start giving shares of stock to employees instead of granting stock options and will record the expenses on its books. In a move that Microsoft Corp. says will help it continue to attract and retain key staff, the …
Rumors can be powerful forces in the economy, as evidenced by an 8.1 percent rise in Electronic Arts stock today following unsubstantiated rumors that Microsoft was interested in buying the publisher out. What analysts and …
Software giant Microsoft Corp. said Monday its directors had approved a two-for-one split of its common stock in a move designed to make its stock more affordable to investors. The markets responded enthusiastically to the proposal, …