Steve Ballmer

The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....

As each day passes, it is becoming clear that Ford Motor (NYSE: F) and its current CEO Alan Mulally are set to part ways. Reuters reported that Mulally was recently absent at a key weekly meeting where top executives gather to work through some of the company's most pressing issues. Taking Mulally...

Volume was light across the board despite Friday's early close also marking the last trading day of November. In typical fashion, markets close at 1:00PM on the day following Thanksgiving. As was to be expected, news was rather light and the major indices ended the day almost flat. The Dow...

Steve Ballmer's departure as CEO at Microsoft (NASDAQ: MSFT), and the company's publicized search for a replacement, has dominated headlines in recent months. The company is one of many that is in the process, or have already made changes at the most senior level. Bloomberg reports U.S....

Asian markets set the tone for Monday's trading session with Hong Kong and Shanghai indices receiving a boost from China's reforms which will open up the country's financial sector and ease restrictions on investments. Europe followed suit with major indices inching higher. It was only...

The major indices can bank another day in the green. The Dow Jones and S&P 500 both reached new highs during Friday's trading session as markets continued its momentum following U.S. Federal Reserve's new boss Janet Yellen confirmed the central bank's economic stimulus would continue. The...

The search for Steve Ballmer's replacement is in full force. Bloomberg reported on Thursday that Microsoft's (NASDAQ: MSFT) COO Kevin Turner is on a short list of candidates, which also includes two other internal candidates. Tony Bates was also named an internal candidate. Bates is currently the...

After the EU released a lackluster forecast for the future of the eurozone, many are calling for the region’s central bank to step in and ease its policies. The report said the region will grow only moderately and unemployment rates will remain at record highs through 2015. Government austerity...

Activist investor, Carl Icahn, isn’t the only one giving unsolicited advice to a large corporation. Microsoft (NASDAQ: MSFT) co-founder, Paul Allen, said he thinks the company should consider spinning off its consumer businesses including search advertising and the Xbox games console division...

Microsoft (NASDAQ: MSFT) is up more than six percent after reporting its first quarter results. The Windows maker reported a Q1 EPS of $0.62 versus the Street estimate of $0.54. Earnings per share were 17 percent from the year-ago period. Revenue arrived at $18.53 billion versus the estimated $...

The US showed little progress toward reaching an agreement and ending the nation’s first government shutdown in 17 years on Wednesday. However, Asian markets took the government halt calmly with investors taking the news one day at a time and expecting Republicans and Democrats in...

The departure of CEO Steve Ballmer from Microsoft (NASDAQ: MSFT) – and the fact there is no named successor yet - has given rise to one obvious question. Is Bill Gates returning for a more active role with the company? He says he is not, but many believe his denial lacks real conviction....

Academic speculation about the search for a new CEO to replace retiring Steve Ballmer at Microsoft (NASDAQ: MSFT) is, frankly, boring. What’s infinitely more interesting is scuttlebutt or, as Business Insider called it, “barstool gossip.” Bar stool gossip is sometimes more than just...

Move over, Siri. There’s a new computer-generated personal voice assistant service in town. At least there will be soon if reports from ZDNet are true. Rumor has it that Microsoft (NASDAQ: MSFT) has been working on a rival to Apple (NASDAQ: AAPL)’s Siri and Google (NASDAQ: GOOG) Now, code-...

As investors scramble to cash in on Microsoft's (NASDAQ: MSFT) $7.2 billion acquisition of Nokia's (NYSE: NOK) handset business, Nokia has quietly announced that its top designer is leaving the firm. According to AllThingsD, Marko Ahtisaari (Nokia's exec VP of design) will step down from his role...