The weekend has come and gone without a deal getting done between Microsoft (MSFT, $29.83) and Yahoo (YHOO, $26.80). Microsoft had given Yahoo’s board of directors until Saturday to agree to its proposal or face a the possibility of a tender offer and proxy battle. Although Microsoft hasn’t revealed itsRead more
Deal or No Deal?
Microsoft Disappoints, Share Fall
10:00AM Microsoft (MSFT, $29.95, down $1.85) dropped the ball on its latest earnings report and the stock is taking a hit. Shares are currently trading below $30 after the company reported that earnings per share fell from $0.50 to $0.47 on revenue of $14.45 billion. The numbers were slightly higherRead more
Microsoft Up Before Earnings
Microsoft Breaks $30
When Microsoft (MSFT, $30.01, up $0.79) announced plans to buy Yahoo (YHOO, $28.51, up $0.48) back in February the stock was trading for $32.60. Sure, you can expect a drop in the acquiring company’s stock price and a premium in the company that is being acquired. After analyzing the deal,Read more