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aspar77

aspar77
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  • Microsoft (MSFT -11.2%) board members are in talks with activist investor ValueAct over the firm's demand for a board seat, Reuters reports. Sources say Microsoft's lack of CEO succession planning is a prominent issue in the discussions. Steve Ballmer, who has plenty of critics, has previously suggested he'll leave in the 2017-2018 timeframe. Nomura argued earlier today Microsoft's poorly-received FQ4 results and FQ1 guidance could lead to an activist push. ValueAct owned just 0.4% of Microsoft at the end of Q1, but its stake is believed to have risen since. Shares +0.6% AH. (more on Microsoft[View news story]
    Agree, to kick him out from the firms...as he has no vision in the future to face new technology coming to battle the products
    Jul 22 06:12 AM | Likes Like |Link to Comment
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