Talk about a nerve-wracking couple of days for Yahoo investors, especially the ones who flooded into the issue on Friday on word that Microsoft was increasing its offer to $33 a share.
A source close to Yahoo disputes Microsoft's claims that the internet search company was aloof in its negotiations following Microsoft's unsolicitied bid, and says Microsoft's own timeline shows an active negotiation process, whether Microsoft liked it or not.
With Microsoft now walking away from its unsolicited bid for Yahoo, new details are emerging as to just how bizarre these negotiations -- or lack thereof -- have been since Microsoft first made the deal public three months ago.
BusinessWeek is finally subscribing to the thought process I, and others who follow Apple, put forth months ago: that as Apple opens development for the iPhone, and more enterprises start adopting it as a worthwhile alternative to the BlackBerry from Research in Motion, it stands to reason that more companies may also lean toward the Mac as well.
U.S. company Adobe Systems stood by its second-quarter and full-year financial outlooks on Thursday, ahead of its 2008 annual financial meeting later in the day.
Microsoft's board met Wednesday to discuss its stand-off with Yahoo Inc over its $41.8 billion takeover bid, but failed to reach a decision on what to do next, according to a Wall Street Journal report.
Top executives for SAP say they see a slowdown in the United States as well as an unfavorable currency market in the coming year.
Business software company SAP reported quarterly results that fell shy of expectations Wednesday and also said it will delaying the launch of new subscription software for small and medium businesses.
An overwhelming majority of Wall Street analysts see Microsoft Corp preparing shortly to launch a hostile bid at its current price of $31 per share in cash and stock, a Reuters poll found.
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.
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.
Talk about drama: Microsoft's $44 billion offer for Yahoo is coming down to the line and CEO Steve Ballmer is talking tough. If that wasn't enough, Ballmer hinted about a new lease on life for Windows XP.
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.
Are you happy because your Apple shares are up 35% since late February or sad because they're still down nearly 20% from the beginning of the year? Either way, you need to be ready for this afternoon's earnings report.
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.