billion the company is using as a part of its stock buyback program. Even so, with the recent departure of former-CEO Steve Ballmer from the Board of Directors, Mr. Softy is in a position to enhance its cash treatment of its owners. Ever since early
Troy Bayer : On May 30th it was announced that the Los Angeles Clippers had been sold to former Microsoft chief executive Steve Ballmer for a whopping $2 billion. The bidding war for the Clippers benefited Madison Square Garden (NASDAQ: MSG ) immediately
recommendations on ways to achieve long-term value." MSG +1.9% AH to a new 52-week high. Shares have been buoyed by Steve Ballmer 's $2B purchase of the Clippers, and its potential implications for the value of the Knicks. Post your comment!
SEATTLE (Reuters) - Former Microsoft Corp Chief Executive Steve Ballmer has left the software company's board in order to spend more time on his newly acquired Los Angeles Clippers basketball team, but said he plans to hang on to his 4 percent stake in Microsoft.
SEATTLE, Aug 19 (Reuters) - Former Microsoft Corp Chief Executive Steve Ballmer will leave the software company's board with immediate effect, Microsoft said on Tuesday.
Six months after stepping down as CEO, Steve Ballmer has resigned from Microsoft's ( MSFT -0.1% ) board. Ballmer: "In the six months since leaving, I have become very busy
LOS ANGELES (Reuters) - Steve Ballmer , the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a
have been going on for months now that he was going to leave Ford and go into [TICKER:MSFT] Microsoft to take over from Steve Ballmer . He said that he wasn't, and he is going to stay at least until the end of 2014. It's generally assumed that he
of Windows 8.1, any incremental gains Microsoft may make in the tablet and smartphone markets, and any updates on CEO Steve Ballmer 's replacement. Revenue run-rate milestones for Office 365 and Windows Azure point to early signs of success for Microsoft
chairman, but the CEO promotion comes mere hours after rumors surfaced that Mollenkopf was a serious candidate to succeed Steve Ballmer as Microsoft's CEO. We've long considered Mollenkopf to be the potential successor to Jacobs as CEO, but hadn't anticipated