"Does Steve Ballmer have another reason to watch his back?," tweets Paul R. LaMonica in response...
"Does Steve Ballmer have another reason to watch his back?," tweets Paul R. LaMonica in response to a report activist fund ValueAct has taken a $2B stake in Microsoft (MSFT +3.4%). He isn't alone in thinking ValueAct, which invests in companies it thinks are "fundamentally undervalued" and could benefit from a change in direction, might push for the removal of Microsoft's much-criticized CEO, who reportedly doesn't want to leave until the 2017-2018 timeframe. But the fact Ballmer still seems to be supported by Bill Gates could make it tough to oust him. There's also speculation ValueAct could join calls to break up Microsoft.
From other sites
Video at CNBC.com (Jun 1, 2015)
at CNBC.com (Jun 1, 2015)
at CNBC.com (May 28, 2015)
Video at CNBC.com (May 26, 2015)
at CNBC.com (May 22, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs