There's a shake-up brewing in the business world. Al Mulally, CEO of a rejuvenated, refocused, and red-hot Ford Motor Company, may be heading over to Microsoft, where CEO Steve Ballmer is retreating under fire. Under Mulally, Ford went from the brink of bankruptcy and irrelevance to one of the the most solid performers on Wall Street. Can Mulally do the same thing for Microsoft and move it back into the "Buy" column? Keith Fitz-Gerald joins FOX Business' Neil Cavuto to tackle this question, along with McDonalds' newest strategy and the effect of the looming government shutdown on Wall Street.
Investing in MSFT
- Is This Man the Next Microsoft CEO?
- Microsoft: Look at This Chart Before You Decide
- Is Investing In Microsoft (Nasdaq: MSFT) Stock Finally A Good Idea?
- Microsoft Earnings Call to Focus on Reorg Plan (Nasdaq: MSFT)
Judging from the 7.28% "Ballmer Bounce" that followed his announcement, the markets love the idea of long-suffering Microsoft CEO Steve Ballmer stepping down.
So do a lot of investors who believe now - finally - it's time to buy Microsoft.
But is it?
Can the company bring in a new CEO with vision? Can it finally begin to understand content? And is it willing to jettison employees and products that aren't "worth" what the legacy suggests?
I could write you some long, eloquent essay on the merits of corporate turnarounds.
What would it take for Money Morning Chief Investment Strategist Keith Fitz-Gerald to buy Microsoft (Nasdaq: MSFT) stock?
The company's shares jumped 7% on Friday on news that often-embattled and rarely popular CEO Steve Ballmer will retire in the next 12 months. News that Ballmer will finallytake a bow was music to Wall Street's ears, apparently, but Fitz-Gerald was singing a different tune.
The Microsoft earnings call today will demand clarity on CEO Steve Ballmer’s recently released reorganization plan, and what it means for investors.
Microsoft Corp. (Nasdaq: MSFT) reports fourth-quarter earnings Thursday after the close, and expectations are for solid numbers and growth – at a time when a lot of analysts are down on the stock.
Despite a significant slump in the PC market, the Redmond, WA-based company is expected to post a small uptick in earnings and revenue.
Analysts are looking for the tech giant to report earnings of $0.75 per share on revenue of $20.7 billion, up from $0.73 on revenue of $18.06 billion a year ago. Full-year earnings are projected to come in at $2.74 per share on full-year revenue of $78.6 billion.
While modest, those Q4 gains will likely be warmly welcomed by Wall Street.