Recapping the day's news and newsmakers through the lens of CNBC.
Does Microsoft need to be so desperate?
Microsoft said Tuesday it will boost its dividend by 22 percent and buy back $40 billion in stock, a common move aimed at boosting the share price. So, does this mean Microsoft is healthy or sick? Using cash this way is often seen as an admission a firm can't think of anything better to do with it, like prepare the next blockbuster product. Microsoft does have some troubles—it's searching for a new CEO and undergoing a reorganization as it plays catch up in mobile services. And some shareholders slammed its recent decision to buy Nokia's mobile business for $7 billion.
"I think there's a shareholder base that was very unhappy with the Nokia deal."—CNBC's David Faber
"This is a desperate company that doesn't need to be desperate. ... They've got to split the company up, I've been saying that for a long time."—CNBC's Jim Cramer