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The bank sees 2011 EPS of $2.69, up from $2.53 per share, and 2012 EPS of $2.85, up from $2.74 per share.
Microsoft has a potential upside of 20.6% based on a current price of $27.26 and an average consensus analyst price target of $32.87.
Morgan Stanley raised its 2011 and 2012 EPS estimates for Microsoft (NASDAQ:MSFT) and maintained its overweight rating and $32 price target on the stock.
Financial details were not disclosed.
Baidu has a potential upside of 16.4% based on a current price of $143.35 and an average consensus analyst price target of $166.92.
Baidu Inc. (NASDAQ:BIDU) will use Microsoft's (NASDAQ:MSFT) Bing for some English-language results as the company tries to expand its small share of China's search market. China has the world's biggest population of Internet users
Microsoft announced the availability of Microsoft Office 365, the company's newest cloud service. Office 365 is now available in 40 markets, and it brings together Microsoft Office, Microsoft SharePoint Online, Microsoft Exchange
Mark Zuckerberg, founder and CEO of Facebook said, "Reed is an entrepreneur and technologist who has led Netflix to transform the way people watch movies and TV.
Facebook Inc announced on Thursday that it has named Netflix Inc (NASDAQ:NFLX) CEO Reed Hastings to its board of directors, expanding the group that is expected to guide the company through its IPO to six.
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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
