Rick Sherlund

Rick Sherlund News

  • SAP Sales, Earnings Miss Estimates Amid Shift to Online

    SAP AG, the largest maker of business-management software, is finding it hard to please investors as a sales boost from its shift to online programs is being muted by a slowdown for older products and a strong euro.

  • Microsoft Should Sell Bing Unit, Analyst Says: Tom Keene

    Microsoft Inc. should sell its Bing search business to Facebook Inc., a deal worth about $5 billion that would help both companies compete with Google Inc., said Rick Sherlund, an analyst at Nomura Equity Research.

  • Microsoft Plans $40 Billion Buyback, Boosts Dividend

    Microsoft Corp., the world’s largest software maker, announced a new $40 billion stock buyback plan and increased its dividend 22 percent, seeking to reward shareholders as the company undergoes a change in strategy and leadership.

  • Microsoft’s Surface Tablet Is Said to Fall Short of Predictions

    Microsoft Corp. has sold about 1.5 million Surface devices, people with knowledge of the company’s sales said, a slow start in its bid to crack the fast-growing tablet market to make up for slumping personal-computer demand.

  • SAP Opens Berlin Area Hub as Founder Feeds Startups

    SAP AG’s founder Hasso Plattner said the largest business-software maker’s programs remain too cumbersome to impress a generation of users weaned on slick apps made by Google Inc. and Facebook Inc.

  • Oracle Sales, Profit Miss Estimates

    Oracle Corp. dropped the most in more than nine years, dragging down other software makers, after it reported quarterly sales and profit that missed analysts’ estimates in a sign companies are spending less on programs that help them manage operations.

  • U.S. Stocks Rise for Week as Economy Trumps Fed Concern

    U.S. stocks rose for the week, giving the Standard & Poor’s 500 Index the longest winning streak since February, as signs of a stronger economy overshadowed concern the Federal Reserve will scale back stimulus.

  • Microsoft Said to Push Out Windows’ Sinofsky After Clash

    Microsoft Corp. pushed out Steven Sinofsky, president of the Windows operating system division, after clashes with executives, including Chief Executive Officer Steve Ballmer, people with knowledge of the move said.

  • U.S. Stocks Advance Toward Records Amid Fed Stimulus Speculation

    U.S. stocks advanced, sending the Dow Jones Industrial Average to a record close, as Federal Reserve officials said economic weakness warrants continued stimulus and investors await data this week on jobs and growth.

  • Microsoft-Nokia Deal Timing Leaves ValueAct Fewer Options

    The timing of Microsoft Corp.’s agreement to acquire Nokia Oyj’s handset unit leaves activist shareholder ValueAct Holdings LP with fewer options to oppose a transaction some investors don’t favor, according to Rick Sherlund, an analyst at Nomura Holdings Inc.

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