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Microsoft Corp (MSFT.O)

MSFT.O on Nasdaq

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9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Microsoft announces debt offering of $19.75 bln
Monday, 1 Aug 2016 06:42pm EDT 

Microsoft Corp : Microsoft announces debt offerings .Announced pricing of its offering of $19.75 billion aggregate principal amount of senior unsecured notes.  Full Article

Moody's rates Microsoft's new senior notes at Aaa
Monday, 1 Aug 2016 09:46am EDT 

Moody's : Ratings reflects expectations that microsoft's business model will remain exceptionally robust as it transitions from on premise licensing . Believes microsoft may also raise debt to support future dividend, share buybacks such that gross debt could exceed $90 billion in fiscal 2017 . Expects microsoft will fund pending linkedin acquisition entirely with debt, leading to microsoft's gross adjusted debt to ebitda above 2x .Moody's rates microsoft's new senior notes at aaa.  Full Article

Moody's rates Microsoft's new senior notes at AAA
Monday, 1 Aug 2016 09:25am EDT 

Microsoft Corp :Moody's rates Microsoft's new senior notes at AAA.  Full Article

Microsoft director Morfit reports open market sale of 18 mln shares
Friday, 29 Jul 2016 09:32am EDT 

Microsoft Corp : Director, Mason Morfit reports open market sale of 7.0 million shares of co's common stock on July 27 at average price of $56.38 per share . Director, Mason Morfit also reports open market sale of 11.0 million shares of co's common stock on July 28 at average price of $55.95 per share .Director, Mason Morfit is member of the management board of hedge fund, ValueAct.  Full Article

Microsoft says to cut about 2,850 roles globally in addition to earlier plan
Thursday, 28 Jul 2016 05:37pm EDT 

Microsoft Corp : Microsoft Corp - Says currently evaluating impact of new standard related to revenue recognition - sec filing . Microsoft Corp - Says anticipates the new standard will have a material impact on co's consolidated financial statements . Microsoft corp says about 2,850 roles globally will be reduced during the year as an extension of the earlier plan .Microsoft corp says the reduction is in addition to the elimination of 1,850 positions announced in may 2016.  Full Article

Moody's changes outlook on Microsoft to negative
Monday, 25 Jul 2016 03:50pm EDT 

Moody's On Microsoft : Moody's confirms Microsoft's Aaa senior unsecured rating; outlook changed to negative . Expects Microsoft will generate profitability with high-30% ebitda margins, free cash flow generation in excess of $13 billion annually .Effective integration of LinkedIn, could provide benefits to ecosystem surrounding Microsoft's cloud based services platform.  Full Article

Microsoft Corp CFO says expect full year operating expense between $31.1 bln-$31.4 bln - Conf call
Tuesday, 19 Jul 2016 06:43pm EDT 

Microsoft Corp CFO Hood : In q4 we did see additional softness in brazil, middle east, and Africa, which were impacted by macroeconomic headwinds- Conf call . "we expect volatility as we saw in both q3 and q4 this year to continue in next fiscal year"- Conf call . "expect the commercial cloud gross margin percentage and dollars to materially improve next fiscal year"- Conf call . "also anticipate our cloud capital expenditure growth curve will slow"- Conf call . "now expect our full year operating expense will be $31.1 billion to $31.4 billion "- Conf call . " based on current currency rates, forecasted geographic mix of revenue, we expect 2 points of negative impact on total revenue in q1"- Conf call . " for q1 expect commercial unearned revenue be within the range of $21.8 billion to $22 billion"- Conf call . " for q1 in productivity and business process, we expect revenue to be $6.4 billion to $6.6 billion"- Conf call . " for q1 for intelligent cloud we expect revenue between $6.1 billion and $6.3 billion "- Conf call . " for q1 anticipate that our OEM revenue will be more in line with overall pc market trends"- Conf call . " for q1 expect operating expenses between $7.35 billion and $7.45 billion"- Conf call . CEO-"with more than $12 billion in commercial cloud annualized revenue run rate, we are on track to achieve our goal of $20 billion in fiscal year 2018 " - Conf call.  Full Article

Microsoft sees negative forex impact of 2 pts on Q1 rev
Tuesday, 19 Jul 2016 06:10pm EDT 

Microsoft Corp : Sees negative forex impact of 2 points on total revenue in Q1 . Sees negative 1 point impact of foreign currency on total revenue of first-half 2017 . Sees Q1 productivity and business processes revenue $6.4 to $6.6 billion . Microsoft corp sees Q1 intelligent cloud revenue $6.1 billion to $6.3 billion . Sees Q1 more personal computing revenue of $8.7 billion to $9 billion . Microsoft corp sees FY gross margin percentage to decline by about 1 percent . Microsoft corp says cloud capital expenditure growth is expected to slow in FY17 Source (http://bit.ly/29TsjK9) Further company coverage: [MSFT.O] ((Bengaluru Newsroom; +1 646 223 8780;)).  Full Article

Microsoft reports quarterly GAAP earnings per share $0.39
Tuesday, 19 Jul 2016 04:34pm EDT 

Microsoft Corp : Quarterly diluted earnings per share was $0.39 GAAP, and $0.69 non-GAAP . Quarterly revenue in productivity and business processes grew 5 percent (up 8 percent in constant currency) to $7.0 billion . Q4 GAAP revenue $20.6 billion versus $22.18 billion last year . Quarterly Windows OEM non-pro revenue grew 27 percent (up 27 percent in constant currency) . Q4 non-GAAP revenue $22.6 billion versus $22.18 billion last year . Q4 earnings per share view $0.58, revenue view $22.15 billion -- Thomson Reuters I/B/E/S . Quarterly revenue in intelligent cloud grew 7 percent (up 10 percent in constant currency) to $6.7 billion . Quarterly server products and cloud services revenue increased 5 percent . Quarterly office commercial products and cloud services revenue grew 5 percent (up 9 percent in constant currency) . Quarterly phone revenue declined 71 percent (down 70 percent in constant currency) . Quarterly Azure revenue grew 102 percent . Quarterly revenue in more personal computing declined 4 percent (down 2 percent in constant currency) to $8.9 billion . Quarterly Xbox Live monthly active users grew 33 percent year-over-year to 49 million . Quarterly surface revenue increased 9 percent (up 9 percent in constant currency) . Microsoft cloud seeing "significant customer momentum" . Quarterly search advertising revenue excluding traffic acquisition costs grew 16 percent (up 17 percent in constant currency).  Full Article

Microsoft announces Microsoft Stream, a new business video service
Monday, 18 Jul 2016 01:05pm EDT 

Microsoft Corp :Announcing Microsoft Stream, a new business video service.  Full Article

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Microsoft gains EU approval for $26 billion buy of LinkedIn

BRUSSELS Microsoft won EU antitrust approval on Tuesday for its $26 billion bid for professional social network LinkedIn , its largest ever acquisition, after agreeing to a series of modest concessions.