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A Microsoft deadline for Internet service company Yahoo to accept its $44.6 billion acquisition offer expired at midnight Saturday, setting the stage for a hostile takeover bid by the software giant.
Once the exclusive domain of e-mail-obsessed professionals, smartphones are now prized by consumers who want easy access to the Web, the New York Times reports.
Hours away now from the Microsoft imposed deadline for Yahoo to negotiate or die. Too dramatic? Not really when you're talking about $40 billion hanging in the balance as well as the future dominance of all things digital.
Microsoft is considering launching a hostile bid for Yahoo as early next week if Yahoo does not begin talks soon, Chief Financial Officer Chris Liddell said on Thursday.
Microsoft follows Apple's lead -- when have you heard that before? -- reporting a good, but not good enough, quarter. And investors are taking profits off the table. Microsoft did beat Street expectations on the bottom line. ... So where was the weakness? That's the issue...
Microsoft reported a rise in earnings that beat expectations, but the company's shares declined by more than 5 percent as its outlook disappointed investors.
Apple and Amazon disappointed investors with lower profit outlooks but Apple shares rose after one analyst upgraded the stock and several raised their price targets.
The last couple of quarters have been remarkably strong for Microsoft, and there's every indication that the company will post an equally strong third quarter earnings report after the bell on Thursday. ... Expect some good theater.
Let me just say from the very outset: any other publicly traded company would kill for growth like this, products like these, customers like those who can't seem to snap up Apple gear fast enough. But Apple is hardly just "any other publicly traded company," and, like it or not, the company is different -- so investors "think different" when it comes to Apple.
Microsoft is prepared to walk away from its $43.6 billion bid for Yahoo if the two sides can't agree on a price, Chief Executive Steve Ballmer said Wednesday.
Amazon shares started last quarter right at $100 a share, and since then, it's been all downhill from there. Frustrated investors will be looking for guidance from the company later today that the slide is over, and that the company is poised for a strong, back half of 2008. But that's a tall order for Amazon's executives.
Hours away from Apple's earnings, as you might expect, investors are a little nervous -- with a stock going from $119 to just short of $170, and then back to $160 in a matter of weeks. Some of you have written in with your thoughts ahead of earnings. Here's a sampling...
Looking at Yahoo's first quarter earnings, you gotta wonder why this company can report so strongly, and what magic bullet it employed during the quarter that apparently eluded management over the past two years.
Normally, I'll put together a formal earnings preview the day the company is set to announce, but in the case of Apple, there has been so much interest so far ahead of these numbers that I thought I'd do it today instead, and run some of your emails about all this tomorrow.
There's about $41 billion in chips on the table, all the cards have been dealt in the Yahoo vs. Microsoft poker match -- and today is the day Microsoft and investors get to "call." (Google and News Corp. look on...)
Texas Instruments said its quarterly profit rose from a year ago, but the company lowered its guidance for the second quarter, blaming weak demand for chips used in advanced cell phones.
You'd think with the 3-plus percent rally in Texas Instruments' shares headed into tonight's earnings, this company would be plunging now, after missing numbers across the board. But that's the joy of the markets right now...
Back in February, following weeks of steady coverage focusing on Apple's fundamentals, I wrote that the Apple sell-off, which had taken shares from over $202 to around $119, seemed overdone.
Whisper numbers are a weird animal on Wall Street, especially when you're talking high profile earnings reports like Google, Apple, Yahoo, Microsoft, Intel and so many others.
Texas Instruments is playing a strange game of financial limbo as the company prepares to report its first quarter earnings later today. On the one hand, significantly lower expectations, thanks to TI's own guidance warning last month, could help the company breeze under the bar.