Yahoo, Microsoft, and Google shares up
As Microsoft prepares to kick the ball further in its Yahoo buyout play, possibly announcing a proxy fight as early as Wednesday afternoon, shares of both companies rose in late morning trading.
Microsoft investors apparently seem heartened by the prospect, with stock in the software giant rising 1.06 percent to $28.96 a share, over Tuesday's close.
That bodes well for Microsoft, which has suffered three straight days of declines after posting quarterly results on Thursday that showed revenue was weaker than some analysts' expectations.
Yahoo opened lower in early morning trading but was up slightly over Tuesday'… Read more