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[h=6]Ballmer to Resign, MSFT Surges[/h]Here’s a rule of thumb: If you happen to be the CEO of a major corporation and the news of your resignation causes your stock to gain $24 billion in market value, you probably made the right call.
Microsoft ($MSFT) said today that Chief Executive Officer Steve Ballmer has decided to retire within the next 12 months. In the pre-market, MSFT is up $2.87, or 8.86%. The company has 8.33 billion shares outstanding, so today’s surge comes to $23.9 billion. Again, that’s for someone to no longer be there.
Posted by Eddy Elfenbein on August 23rd, 2013 at 9:15 am
Source: Ballmer to Resign, MSFT Surges Crossing Wall Street
In the meantime, Ballmer will continue as CEO and will lead Microsoft through the next steps of its transformation to a devices and services company that empowers people for the activities they value most."
the #1 pc maker in the world, Lenovo, will be shipping Pokki on new Windows 8 devices worldwide
Rumor has it William Shatner wants a shot at it. Last I heard they told him if he gets the position, he can have as many buttons on the armrest of his chair as he wants. Just don't go looking for a Start button. It aint happening.