Wednesday, October 19, 2011

Microsoft Corporation (NASDAQ:MSFT) Bolsters Yahoo Deal

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tdp2664 E money daily Microsoft Corporation ( NASDAQ :MSFT) has extended revenue guarantees to Yahoo. Microsoft Corporation ( NASDAQ :MSFT) Bolsters Yahoo Deal Reports say that Microsoft Corporation ( NASDAQ :MSFT) has extended guarantees to Yahoo for another year for shortfalls in the expected revenue from its 2009 search agreement. A Microsoft Corporation (NASDAQ:MSFT) spokesman confirmed the extension of the guarantee. Yahoo’s interim chief executive, Tim Morse, said that, "the company worked to extend the deal because it was hearing “a lot of discomfort” from investors over the company’s ability to generate the expected revenue. What we wanted to do is insert as much financial certainty into the process as possible". Microsoft Corp. (NASDAQ:MSFT) stocks are currently standing at 27.31. Price History Last Price: 27.31 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 25.75 6 Month Price Change %: 7.6% 12 Month Price Change %: 5.6%



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