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Microsoft's decision to drastically reduce the size of its Devices Group is unlikely to be the end of the blood-letting at what used to be the Nokia devices business, according to experienced and respected industry analyst Tomi Ahonen, who also believes Elop's days are numbered in his current role.
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When Microsoft rallies a point and a half in one trading session and then attempts to rally nearly another two points in premarket trading the following day, one has to wonder if it is time to sell the news.
Microsoft Corp. is set to report fourth-quarter fiscal 2014 results on Jul 22. Last quarter, the company posted a 9.7% positive surprise.
Microsoft's fiscal Q4 earnings, out after the close Tuesday, could get a lift from a recovering PC market and possibly a strong performance from its cloud business.
Last week, Microsoft announced a major reduction of its global workforce. Microsoft's CEO Satya Nadella informed his personnel by email that the company plans to cut 18,000 jobs over the next year.
In an effort to improve internal efficiency and weed out subpar contractors, Microsoft Corp. on Friday placed tight restrictions on vendors.
Early in 1994, Christie and Schultz published "Why do NASDAQ Market Makers Avoid Odd-Eighth Quotes?" noting that although the minimum price variation was an eighth of a dollar, the vast majority of quotes and executions occurred on quarters of a dollar.
A key inflation gauge, housing data and lots more earnings reports - notably from tech giant Microsoft just days after announcing massive layoffs - highlight next week's economic calendar.
Microsoft Corporation announcement that it will eliminate up to 18,000 jobs has caused shockwaves in the company especially so, on Nokia where two-thirds of the cuts are to be carried out.
Microsoft's initiative to become a strong player in cloud will allow the company to steal Apple and Google's mobile OS market share.
When Microsoft rallies a point and half in one trading session and then attempts to rally nearly another two points in premarket trading the following day, one has to wonder if it is time to sell the news.
Microsoft, Corp. is slated to report 4Q2014 earnings after the bell on Tuesday, July 22nd.
More than 100 industry-specific enterprise apps will be offered on iOS, covering an array of IBM cloud services optimized for iOS; including data and security analysis.
The company's new CEO continues to put his stamp on the firm and showing he is a different kind of leader than Steven Ballmer.
Updated: Tue Jul 22, 2014 07:48 am
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