Microsoft’s Big Meeting, Facebook Gets a Boost from Cowen, and 3 More Hot Stocks
Microsoft Corp. (NASDAQ:MSFT): For those hoping that Microsoft’s next CEO would be announced at Thursday’s annual analyst meeting, new CFO Amy Hood quelled those hopes right off the bat. ”There will be no update on [the CEO search] today,” she said. Regardless of who takes the helm, Microsoft will continue reporting the financial performance of five business segments, only it will look a lot different than its current five (Windows, Office, Server & Tools, Online Services, Entertainment & Devices). Three of the new segments will fall under “Devices & Consumer,” while two other segments fall under the “Commercial” flag.