Microsoft Corporation (NASDAQ/MSFT) is a technology company that has been around since 1986 and was founded by Bill Gates. With a market cap of close to $300 billion, Microsoft is one of the largest companies in the world. The maker of the widely popular “Windows” operating system has run into difficulties due to competition, but its expansion into smartphones, tablets, and the “Xbox” gaming and entertainment system is driving renewed interest in Microsoft.
Microsoft Corporation (NASDAQ/MSFT) reported its earnings for the quarter ended June 30, 2015 on Tuesday July 21st, reflecting its focus on cloud computing and enterprise growth alongside the painful unwinding of its Nokia deal.Shares of Microsoft dropped over four percent at the beginning of trading on Wednesday morning to. Read More
The NASDAQ opened slightly higher on Monday July 20th, as Greece reopened its banks and started the process of paying off billions of euros owed to the International Monetary Fund (IMF).European equities soared to six-week highs on Monday as Greece began to return to normality after a deal to agree on a new bailout package. Volatility. Read More
Microsoft Inc. (NASDAQ/MSFT) is laying off thousands of employees and writing off its smartphone business as part of an effort to keep up with the fast-moving technology landscape.On Wednesday, July 8th, the software giant announced it would cut 7,800 jobs, mainly in the smartphone sector. The company will take a $7.6 billion impairment. Read More
One company that is consistently seeing its earnings estimates tick higher is Microsoft Corporation (MSFT). The stock has basically doubled since the stock market breakout at the beginning of 2013, and the company has been increasing its dividends significantly.Microsoft’s current quarterly dividend, payable in early December,. Read More