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Microsoft Corporation (MSFT)

  • May 13, 2013, 1:52 PM
    "This deal was nothing more than a rumor ... [Microsoft] has no intention of acquiring the NOOK unit. NOOK is closely integrated with Android ... The acquisition is not happening in the foreseeable future as Microsoft Corporation is assessing its options at this time." Thus speaks a Microsoft (MSFT) source to Insider Monkey, strongly refuting a TechCrunch report about an offer to buy Nook Media's digital assets for $1B. Barnes & Noble (BKS -14.1%) shares have plunged, but for now are still up 13% from where they stood prior to the report.
    | May 13, 2013, 1:52 PM | 3 Comments
  • Apr. 22, 2013, 9:19 AM
    Microsoft (MSFT) +1.6% after David Faber reports ValueAct Capital has taken a $2B stake (0.8%) in the company. Shares are now up 5% since Mister Softee delivered mixed FQ3 results Thursday afternoon.
    | Apr. 22, 2013, 9:19 AM | 9 Comments
  • Apr. 19, 2013, 1:26 PM
    Cost controls, Office/Server & Tools strength, and perhaps the news of CFO's Peter Klein's pending departure are helping Microsoft (MSFT +3.2%) trade near $30 again following its FQ3 report. Bernstein, encouraged by the Office 365 disclosure, thinks "Microsoft is already the 2nd largest enterprise cloud vendor," with a $1.4B-$1.6B/year run rate (ed: Microsoft's estimated FY13 revenue is $79B). ReadWrite's Mark Hachman, however, doesn't like the fact no fresh details are provided on Win. 8 licenses. If Klein was pushed out, he doesn't suggest it in a memo. (CC transcript)
    | Apr. 19, 2013, 1:26 PM | 2 Comments
  • Apr. 18, 2013, 4:03 PM
    Microsoft (MSFT): FQ3 EPS of $0.72 beats by $0.04. Revenue of $20.49B misses by $71M. Shares +1.7% AH. (PR)
    | Apr. 18, 2013, 4:03 PM | 12 Comments
  • Apr. 17, 2013, 11:54 AM
    H-P (HPQ -2.1%), Seagate (STX -2.6%), and Western Digital (WDC -2.8%) underperform after UBS' Maynard Um argues Intel's (INTC -1.3%) Q1 report backs up his thesis that "PC pricing needs to come down ... to entice upgrades." Um thinks this will lead to margin pressure for OEMs, and an unfavorable mix shift for hard drive vendors. He also notes H-P/Dell might not benefit from Intel's server CPU strength, since it's fueled by cloud buyers who often rely on white-label gear. Also: Paul Otellini stated on Intel's Q1 call he expects Window 8 (MSFT) touch devices (7" tablets?) using Intel's upcoming Bay Trail Atom CPU to eventually sport ~$200 price points.
    | Apr. 17, 2013, 11:54 AM | 3 Comments
  • Apr. 11, 2013, 4:02 PM
    No mercy has been shown to Microsoft (MSFT -4.3%) today in the wake of IDC's figures (blamed in part on Win. 8) and Goldman's downgrade. Goldman now sees the PC/tablet sales ratio falling to 59/41 in 2014, and thinks Microsoft could respond with price cuts or SG&A spending cuts. Nomura's Rick Sherlund wonders if a breakup or privatization is possible for Microsoft. He notes March was better than Jan. or Feb. for PC sales, but is still downbeat. "It really takes your breath away, just how bad the quarter was." Separately, Argus has downgraded Intel (INTC -2%) to Hold.
    | Apr. 11, 2013, 4:02 PM | 26 Comments
  • Apr. 11, 2013, 7:54 AM
    Goldman Sachs cuts Microsoft (MSFT -3.4% to $29.25) to "sell" from "neutral" and says there is an 11% downside to the software giant's $27 12-month price target. Goldman cites falling PC sales and not enough traction in tablets and smartphones as a reason for the downgrade, which comes a day after IDC said that global PC sales slumped 13.9% in Q1.
    | Apr. 11, 2013, 7:54 AM | 12 Comments
  • Apr. 10, 2013, 4:52 PM
    PC-exposed names trade lower AH in response to IDC's bleak Q1 data. HPQ -1.8% AH. MSFT -1%. INTC -1.3%. Will the numbers give Michael Dell and Silver Lake more ammo to justify their $13.65/share LBO offer?
    | Apr. 10, 2013, 4:52 PM | Comment!
  • Mar. 4, 2013, 9:49 AM
    Will Microsoft buy Barnes & Noble (BKS +5.8%)? The bookstore chain shoots higher in early trading after a Barron's article pitches the case that the retail business is worth $19 a share alone. The crux of the argument is that Microsoft (MSFT -0.2%) would be smart to buy the company to jumpstart its retail business and set up a store-within-a-store concept to boost sales of its tablets.
    | Mar. 4, 2013, 9:49 AM | 8 Comments
  • Feb. 6, 2013, 5:37 PM
    Yahoo (YHOO) +2.3% AH after announcing a non-exclusive display ad deal with Google (GOOG). Targeted Google AdSense Web ads and AdMob mobile ads will be shown on Yahoo properties; Yahoo (given its size) will presumably get a more favorable revenue cut than most Google partners. The deal is a major feather in Google's cap - its display ad ops have been growing quickly, but face tough competition from Facebook and others - and should strengthen its mobile ad leadership. Yahoo search partner Microsoft (MSFT) can't be pleased.
    | Feb. 6, 2013, 5:37 PM | 3 Comments
  • Jan. 29, 2013, 3:47 PM
    Dell (DELL +1.8%) spikes to $13.26 after the FT reports Silver Lake is willing to pay $15/share. Would that be enough to satisfy shareholders who view a $13-$14/share offer as inadequate? (more) Update: The WSJ reports Microsoft's (MSFT) role in the deal remains one of several issues that need to be worked out. However, sources insist the deal remains on track.
    | Jan. 29, 2013, 3:47 PM | 5 Comments
  • Jan. 24, 2013, 10:31 AM
    Nokia (NOK -7.3%) remains lower following its Q4 report. The company said it received a fresh $250M payment from Microsoft (MSFT), but noted its agreement with Redmond requires "minimum software royalty commitments," and that these commitments will nearly equal Microsoft's payments over time. Devices & Services saw a 31% Y/Y drop in opex, and its gross margin fell only 190 bps in spite of a 36% drop in sales. North American sales +270% to €196M, but Chinese sales -79% to €213M. The 808 PureView will be the last Symbian phone. (Q1 guidance)
    | Jan. 24, 2013, 10:31 AM | Comment!
  • Jan. 15, 2013, 1:57 PM
    Yelp (YELP -6.9%) has sold off as Facebook (FB -2%) shows off Graph Search; investors seem to to be fretting Yelp traffic will be hurt as Facebook's tool is used to search for businesses a user's "friends" have visited/liked. However, Graph Search is far from a direct rival. Google (GOOG -0.2%) has slipped a little after Mark Zuckerberg notes Bing (MSFT) will be a fallback option for searches. Zuck: "Graph Search is a really big project that will take years and years to index the whole map and the graph" (live blog)
    | Jan. 15, 2013, 1:57 PM | 7 Comments
  • Dec. 20, 2012, 11:21 AM
    AMD (AMD -4.2%) is slumping, and Intel (INTC -0.5%) and Nvidia (NVDA -0.6%) are slightly off, after Evercore's Patrick Wang joins the estimate-cutting parade, and co-worker Rob Cihra offers mixed commentary about PC demand. While holding out hope Windows 8 and China will lead demand to stabilize in 1H, Cihra notes many industry suppliers appear to have under-shipped end-user sales (which themselves aren't great) in Q4 thanks to inventory drawdowns. "Early ultrabooks have been stymied by high prices and Win8 so far looks like a remarkable non-factor.," he adds.
    | Dec. 20, 2012, 11:21 AM | Comment!
  • Dec. 17, 2012, 1:34 PM
    Nokia (NOK +4.7%) has cracked the $4 barrier today. Possibly helping is a Bloomberg report that HTC has shelved plans for a large-screen Windows Phone due to the fact WP8 doesn't currently support 1080p displays. HTC recently launched the Droid DNA, an Android phone with a 5" 1080p display.
    | Dec. 17, 2012, 1:34 PM | 28 Comments
  • Nov. 27, 2012, 3:44 PM
    Checks indicate demand for Nokia's (NOK -5.2%) Lumia 920 is "solid" at AT&T, but well behind demand for the iPhone 5 and Galaxy S III, says Raymond James' Tavis McCourt, who reiterates an Underperform. Moreover, McCourt thinks commentary from AT&T reps about the 920 "was very similar to the April launch of the Lumia 900, but with a lot more supply issues." He adds the 900 was on Amazon's top-10 bestseller list for 2 months, and that HTC and Samsung's Windows Phone 8 models also face supply problems. (previous: I, II, III)
    | Nov. 27, 2012, 3:44 PM | 27 Comments
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Company Description
Microsoft Corp is engaged in designing, manufacturing, selling devices, and online advertising.Its products include operating systems for computing devices, servers, phones and other devices.
Sector: Technology
Country: United States